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Like hospitals/health systems, dealerships are wealthy profit centers distributed throughout the country. Both create a significant amount of economic inertia
by consumer451 3y ago
Like hospitals/health systems, dealerships are wealthy profit centers distributed throughout the country.
Both create a significant amount of economic inertia which stymies change in their respective industries, as they each have a Senator or two to bribe.
- taylodl 3y agoHospitals provide a much needed service, auto dealerships do not. Not helping their case is their existence is mandated by law. Crony capitalism at its finest!
- consumer451 3y agoFor sure, I can agree with that. The current dealership model appears to be worthless. The reason I mentioned the two together is that they are somewhat similar as far as being evenly spread throughout the country, yet not part of a national monopoly like telecom and energy. So instead of a couple national CEOs to lobby Senators via their home states, you have hundreds, spread across all of the states.