3 ms·
How very capitalist of them.
by kmeisthax 3y ago
How very capitalist of them.
- vkou 3y agoThe Soviet Union had multiple competing suppliers for most things you could think of, down to consumer goods.
- red-iron-pine 3y agocapitalism is about the accumulation of capital; competition is not related, but the byproducts of capitalism which can be beneficial to the consumer. Capital (big C) does everything it can to extinguish competition -- and would, if not for regulation, trust busting, etc. All large companies are trying to be monopolies to the fullest extent possible, and history shows plenty of examples.