3 ms·
The rich don't get richer by sitting in their labs and tinkering until they invent something that nobody had before. That's so last two centuries. The way they
by immibis 2y ago
The rich don't get richer by sitting in their labs and tinkering until they invent something that nobody had before. That's so last two centuries. The way they get rich now is by making us pay more for the same stuff we already had.
- justanotheratom 2y agoUm, my Tesla today is cheaper than an Acura I bought 20 years ago. Tech has been deflationary. And overall, quality of life and life expectancy has improved over time under Capitalism. Sure, if someone has a moat, they will try to maximize their profit. Assuming fair competition though, I would expect a competitor to emerge.
- deleted 2y ago[deleted]