Adam Smith: if you make a profit, others will see it and start a company that will take part of that profit by competing, and so on and so on, util all companies are perfectly streamlined to satisfy demand efficiently.
Neoliberals: so what you are saying is we should avoid competing at all cost? Sure! No efficency! Only profits!
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Our anti trust is currently not far from asking nicely to not abuse your market position. Has there been a change to give it some teeth?
With that said, it could be even worse!
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Here’s a short podcast about her: Planet Money
The podcast pretty much just sums up what you already said, but this is for people who don’t like reading.
Lina Khan is my spirit animal
Of course, for business “do better for low prices” is usually translated “work longer for longer for lower salary”.
Welcome to Barnes & Staples & Kohl’s & DunkinDonuts/Baskin Robbins & Noble
You forgot:
I love you.
Why compete when you can not?
Companies gobbling up other companies like pacman.
Tale as old as time.
Evolution really hasn’t gotten passed the amoeba model
We’re losing
customersloveYou could offer better
servicedates and lowerpricesinfidelityHaha no, I’m just gonna
mergehave childrenAre you ok?
No. Do I come off as okay?
