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by op03 1942 days ago
On the flip side in India atleast they are competing against well known crony monopolists who own the govt. Nothing simple or obvious about the rules of that game.

As long as they are preoccupied with ruthlessly competing against each other things tend to head in positive directions for everyone. Its when they have no competition is when the the mindless ambition and ruthlessness causes the most damage.

1 comments

Depending on which side of the bed I wake up on, I can lambast the US status quo as crony monopolists who own the government as well; yet I'm still nervous about the move "fast and break things" philosophy when it comes to real world markets, societies, and governments.