The difference is that they are making more phones, more cars, more clothes, etc. They are not finite. As the saying goes, they aren't making more land. With

The difference is that they are making more phones, more cars, more clothes, etc. They are not finite. As the saying goes, they aren't making more land. With a constrained resource that nobody created, the least efficient way to allocate it is to just let whoever got there first have it. A far better way would be to have competitive bidding so whoever thinks they can do a better job gets a shot at it.