3 ms·

The 19th century phrase used in public to justify building monopolistic “trusts” was avoiding “ruinous competition”, the nation would be better off with a few b

• eru 1y ago
  And I'm saying that the competition is 'ruinous' for the companies involved, yes. But it's great for workers, customers and shareholders.
  • lokar 1y ago
    Oh, absolutely. Financial elites in the US only like Adam Smith when it suites them.