3 ms·
It's relevant because the feedback mechanism for countering all of this is "theoretically, the firm gets outcompeted by other actors who are not doing the bad t
by atomicnumber3 1mo ago
It's relevant because the feedback mechanism for countering all of this is "theoretically, the firm gets outcompeted by other actors who are not doing the bad things."
I'm pointing out that, due to how strongly capitalism rewards cash flow and previously accumulated capital, that feedback/correcting mechanism is often _extremely slow_.
That feels relevant to me.