Hi all,
I’m seeing a lot of hate for capitalism here, and I’m wondering why that is and what the rationale behind it is. I’m pretty pro-capitalism myself, so I want to see the logic on the other side of the fence.
If this isn’t the right forum for a political/economic discussion-- I’m happy to take this somewhere else.
Cheers!
Companies cooperating always lead to better results. That’s why they do it. If they would cooperate with society also, everyone would win.
Capitalism is cancer. It pushes everyone to fight society for itself.
Define “better”.
Better for whom exactly? Shareholders? Workers? Consumers? CEOs? Companies cooperating is good when you are talking about USB and ANSI and ISO standards and such. Where having one cohesive set of rules makes sense.
For most other things, companies competing with each other is far better for everyone involved. Competition breeds innovation.