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by ty6853 386 days ago
There is a 'human' process 'somewhere in the middle' as you say.

I'm not anti-capitalist, I just acknowledge this as a fundamental part of the human process. It might even be the case the businessman's incentive don't fully align with the stockholder/owner's incentive, in many case the businessman can profit at the expense of the company by capturing higher commission with side-effects that the company won't understand.

A clever businessman will get the better end of that, while still leaving his customer better off than if he hadn't transacted at all, as many witness at the car dealership.

1 comments

My point is that most business is in that middle. A typical business transaction ends with both sides getting a decent chunk of the value produced. Abusive transactions happen but they're not that common, certainly not the majority as the other comment said.