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> if they're wrong, they will be "punished" by market forces we live in age of monopoly, market forces no longer punish. in 1990's there were twice as many com
by ClumsyPilot 3y ago
> if they're wrong, they will be "punished" by market forces
we live in age of monopoly, market forces no longer punish. in 1990's there were twice as many companies registered on the stock exchange as today
- secstate 3y agoDisappointed this was downvoted initially, you got my +1. Corporate reality in 2023 is creeping ever closer to a Weyland-Yutani plutocratic government where "market forces" are unable to put a dent in shitty corporate behavior. I have to fly Delta home. They cancelled my connecting flight, moved it to a day later and say "sorry, you can sleep at JFK!" The next time I fly, I've got 1/3 odds Delta will be the only one flying where I need to go. Rinse and repeat for online merchants. This will have ZERO effect on Amazon's ability to function because employees have ZERO clout in management meetings.
- colpabar 3y agoWhat are you, a communist? The free market will fix that, any day now!
- antisthenes 3y agoUnironically, millions of people still hold that viewpoint pretty strongly. Many Libertarians make a point of stating it in discussion as some kind of flex even. I have no idea why, as it is basically a declaration of one's own economic ignorance, but there you have it.
- josefritz 3y agoPeople forget how much it's changed but I think that's spot on.