4 ms·
> If a company creates a better, or cheaper, or otherwise superior product and garners more sales than it's competitors is it "grabbing from others"? How do th
by sleepydog 2y ago
> If a company creates a better, or cheaper, or otherwise superior product and garners more sales than it's competitors is it "grabbing from others"?
How do they make the better or cheaper product? Did they do it by, perhaps, exploiting the people or resources of another, poorer country? Or skirting safety regulations? If so, I would say they are "grabbing from others", yes. And they are motivating other companies to follow along to keep up.
- Manuel_D 2y agoOr they may make a cheaper product by applying novel techniques like an assembly line. Or deploy heretofore unused (or under-used) technologies like electric cars. In the the case of SpaceX the big win was the more efficient gas generator cycle in the Merlin rocket engine. If the allegation is that people made money but skirting regulations or otherwise illegal things, then it's crucial to explain the nefarious practices at play. Not just asserting that someone who is wealth must have acquired that wealth through underhanded means, simply on the basis of being wealthy.