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> Dealerships are market inefficiencies, as they create no real value or "wealth"[1]. This is very surprising complaint to hear - the whole capitalist economy
by hurin 12y ago
> Dealerships are market inefficiencies, as they create no real value or "wealth"[1].
This is very surprising complaint to hear - the whole capitalist economy is filled with inefficiencies! (and Paul Graham is hardly saying something novel here).
- SilasX 12y agoThe GP wasn't saying that all middlemen add inefficiencies or destroy value, only that these particular ones do since you're forced to use them regardless of need.