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0 pointsSiempreViernes1y ago0 comments

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?

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discreteevent1y ago

Unprofitable inefficient companies don't die if governments keep propping them up. What they are doing is not capitalism.

SideburnsOfDoom1y 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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discreteevent1y ago

Unprofitable inefficient companies don't die if governments keep propping them up. What they are doing is not capitalism.

SideburnsOfDoom1y 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...

j / k navigate · click thread line to collapse