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SiempreViernes
593 days ago
And under capitalism, why should I care for the competitors? That unprofitable companies die is what is supposed to drive efficiency! Why mourn the death of a rent seeker?
1 comments
discreteevent
593 days ago
Unprofitable inefficient companies don't die if governments keep propping them up. What they are doing is not capitalism.
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SideburnsOfDoom
593 days ago
So then this in 2009 is not capitalism:
https://knowledge.wharton.upenn.edu/podcast/knowledge-at-wha...
or this in 1979:
https://www.investopedia.com/articles/economics/chrysler-bai...
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