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Capturing and controlling a market is preferable to competitive markets under our political-economic system. It's been the model for Silicon Valley since Bezos
by aisenik 2y ago
Capturing and controlling a market is preferable to competitive markets under our political-economic system. It's been the model for Silicon Valley since Bezos sold his plan to lose money until Amazon had a controlling stake of the retail market in the late 90s. It's a seemingly unavoidable outcome of under-regulated capitalism.