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by rightbyte
272 days ago
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> Profit simply means other people find it valuable enough to compensate you to use whatever you’ve made. In the spherical cow in vacuum market maybe. In practice there is rent seeking, profiteering, corruption, nepotism, etc ... |
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Apple Ferrari Google Porsche Smaller companies like Yeti or Braun Etc etc
Once they use design to achieve dominance yes they do the rent seeking you are talking about.