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> In a free-market economy, the companies that make less optimal decisions will have their lunch eaten by those that don't. When the downfall of some of these
by oblio 3y ago
> In a free-market economy, the companies that make less optimal decisions will have their lunch eaten by those that don't.
When the downfall of some of these companies takes more than a life time, who gives a hoot?
Lots and lots of companies are starting to be too big to (fully) fail.
- MichaelZuo 3y agoIt's the end consumer that has to pay for every extra bit of overhead accumulated along the way. And the bill isn't delayed by a lifetime either.
- CPLX 3y agoWho pays venture capitalists and executives?
- MichaelZuo 3y agoDid you confuse my comment with someone else's?
- 0xpgm 3y agoWhen it becomes too big to fail, it feels to me something other than the market is intervening to keep it alive.