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by brokencode
755 days ago
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If the company is in such a bad state that the only thing keeping it alive is a monopolistic control of the market and much hated business practices, do we really want it running a significant chunk of the economy? Or is it better to watch it burn to allow better companies to emerge? Personally, I think that if a company can’t survive with competition, it shouldn’t survive. That is a fundamental and necessary tenant of capitalism. It may cause pain in the short term, but it will eventually lead to a healthier market. As was often repeated back in the Great Recession, if a company is too big to fail, then maybe it’s too big to exist. |
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