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by naasking 871 days ago
> While I'm sympathetic to that line of thought, I feel like it ignores the reality that most business-level decision making is already inefficient and political.

Far less than it would be under the proposed system. There's effectively a dictator after all.

> Where is the competition and fairness when a sustainable business is bought out, prices increased and development halted to wring out every bit of value, and then sold off for parts to competitors when no profit is left?

I never said it didn't have pathologies of its own, which is why I said that we have to ensure there's competition and fairness. Arguably, anti-competitive laws have not been properly enforced for quite some time.