Competition even in theory:
I won the competition, now buy my linen at 10x its value. Btw it costs 1,000 years of the average salary to start up a competing business, good luck lol
That’s what we call economies of scale in modern parlance. :)
“Competition is good because it leads to cheaper prices for consumers”, doesn’t really work since it neglects the union of the state and monopolies to artificially charge higher prices for items of the same - even worse quality; while hindering competition that has the potential to change the status quo.
I mean—the US is trying to prevent the world from cooperating with China, Russia and other major economies because they know that they are incapable of competing due to their decades-long crusade of neoliberalism. Another example is the fossil fuel industry stalling for time against the wave of the renewable energy era; or the automobile industry lobbying against efficient public transportation.
The point is that the major neoliberal powers don’t want competition to exist; they just want rent-seeking sectors that can earn them a treasure trove of money as fast as possible.
or the oil industry teaming up with the US government to kill off electric transportation 60+ years ago and prior to that killing off rail transportation
No one believes me when i mention that electric cars used to be a thing >100 years ago.
Yeah but they were filled with their own contemporary brain worms. Like being presented as more feminine, while greasy… Oily… Rough…
Excuse me. While the dirty~ mechanical cars were marketed as the prime expression of manliness. I guess these brainworms could be even found nowadays.
Capitalism only works on paper, it doesn’t take human nature into account
No, it doesn’t even work on paper. We don’t need to build two competing factories to see what is best. We invented science. Somebody can just make a graph. It’s that easy
