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This doesn't make sense. Innovation CAN drive prices down lowering costs. Lower prices lead to increased sales and market share. When prices reach near zero the
by aneth4 13y ago
This doesn't make sense. Innovation CAN drive prices down lowering costs. Lower prices lead to increased sales and market share. When prices reach near zero there is certainly a disincentive to innovate, and that is not a "problem". The fact that some consumers don't take advantage if innovation - broadband Internet for the same price as their old dial up - is the problem here. This has nothing to do with any fundamental flaw in capitalism.