[throwaway19972]

I never got this sentiment. Corporations as viewed from the inside are wildly incompetent—and that's before you consider profit inefficiency. I suspect this would be a lot more obvious if it weren't for the last seventy years of intentionally hampering government from competing with the market players directly. Once a product hits enshittification it benefits everyone (but shareholders, who contribute nothing to society) to nationalize the production and provide it at zero margin.

[eru]

What do you mean by 'profit inefficiency'?

> Corporations as viewed from the inside are wildly incompetent [...]

Corporations have varying levels of efficiency. MNCs are by and large _fairly_ competent.

Of course, if you see them from the inside, there's still enough weird and incompetent stuff going on.

Compare to how western militaries have their fair share of screw ups, but they still wipe the floor with non-western militaries, whenever there's any conflict.

There's plenty of studies comparing the quality of management in local companies versus multinational corporations. See eg https://www150.statcan.gc.ca/n1/pub/11f0019m/11f0019m2020008...