If theyâre afraid of a little competition, perhaps they need it. Thatâs a major part of capitalism after all. It helps determine the proper equilibrium for supply and demand
The only reason Amazon is a âthreatâ is due to the laws that corporate America successfully passed over the last 30+ years, The rules are the problem.
Change the rules, to change the behavior.
You could be right and thanks. What my problem is, is looking at the horizon of that choice and how blind that person was in not seeing that obvious outcome. Who is the richest man in the worldâŚand how long has Amazon been profitable?
Again, whether it be Bezos, or Gates, or Soros, or CubanâŚetcâŚ
The rules encourage the game to be played as it is now.
Tax rates, stock options, regulations, mergers, equity firms, and other factors has created this economic atmosphere, It was not an accident.
Sanders is right, there needs to be an economic revolution, must like there was in the 1930âsâŚif we want to have any kind of a fair and balanced economy.
This pandemic is shining a bright light on the fragility of our âmost successfulâ economy.
Democratic capitalism works quite well.
Granted less billionaires, but more people doing well. With a solid safety net, access to health care and college or job training, w/out going into massive debt, or going bankrupt.
I would agree 100% if it wasnât for groups like the I.M.F. whoâs whole job it is for stabilizing and analyzing global markets from 189 countries releasing things like this.
Yes. Socialism always makes promises it canât keep & just ends up getting extreme power for a few. With the amount of socialism we now have, itâs unsustainable. Of course the left wants to spend more. More, more, more, forever, they have a black hole that is never full, & never, ever, enough. Ever.