Hacker News new | ask | show | jobs
by Meandering 1778 days ago
People like to romanticize market competition as a epic battle of great minds and ideas that we all benefit from... but, in all honestly, it allows for comparative testing of diverse ideas while keeping pricing honest. Cooperation might lower the "cost" of producing similar products but, then we are producing similar products. A major goal of competition is to prevent us from putting all our eggs in one basket.

I mean what if all the space companies decided to use one company's rocket engine and they failed to delivery...