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Comments by "Fox" (@tomlxyz) on "The Most BRUTAL Businessman In History" video.
So far every very rich person story I've heard from back then: not doing something new or better, just undercutting competition until you have a quasi monopoly
41
@raymondpaller6475 the argument for free market is that competition increases efficiency and productivity, thus making things more affordable for the wider public. If that efficiency is held by a monopoly they don't need to pass it to the customers in lower prices. It's just going to increase the profit margin. It doesn't benefit the market
5
I'm not arguing it's easy, just that it doesn't benefit the world
2