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!

    • Hazdaz@lemmy.worldEnglish
      12·
      1 year ago

      Companies cooperating always lead to better results

      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.