2 ms·
It's not about eliminating competition. It's about trying to create an economic environment where companies are incentivized to compete by actually producing va
by nicoburns 11mo ago
It's not about eliminating competition. It's about trying to create an economic environment where companies are incentivized to compete by actually producing value rather than:
- Regulatory capture
- Buying out their competitors
- Being cheaper at the cost of horrible externalities
And the many other failure modes of "free markets".