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by gruez 1528 days ago
> Businesses that cannot afford to retain talent and remain competitive deserve to not survive, in order to make room for more efficient organizations. This is a principle of the free market.

This assumes that such "more efficient organizations" can even exist. If they are possible, why aren't they already around? Are those "Businesses that cannot afford to retain talent and remain competitive" that you speak of somehow preventing them from existing?

1 comments

Markets are zero sum. Competition ensures that an inefficient business will lose out to efficient competitors.

In most markets where efficiency is not achievable, then businesses are not entitled to exist. This is why things such as tax subsidies and other forms of funding are used to bootstrap new markets (e.g. green energy) that have a net social gain.