Either not taxed enough or there’s almost no competition in the thing they do. And in a healthy free market, there should definitely be competition in a field that nets that much profits. The logical conclusion is that something is actively preventing the competition.
that’s kinda the issue, building rockets isn’t all that profitable. they do it anyways because they believe in the vision and that it will pay off long-term, just not short-term
In a free market, competition has end results. Buisnes don’t just keep competing with one another ad infinitum. One of them eventually cant keep up and closes shop. It’s competitors expand into the space it previously filled. This process repeats until you have fewer and fewer firms that account for more and more of their sector of the economy. New business do not have resources to eke out space in an already filled niche.
Under a long enough time frame, a free market creates less competition.
Yep. People love free markets, but they really only benefit billionaires. The idea that free markets lead to a better society is bunk and should be abandoned along with every other capitalist lie.
Sorry, do you think a business failing is only possible with government coercion?
And what government coercion gave Google near monopolies on web search and video? Microsoft Windows accounts for 70% of desktop computers, did a government give them that? Whom did the government coerce for Amazon to have such domination of server hosting and online retail?
I don’t think you’ve been paying close attention to whats been happening in your lifetime.
Either not taxed enough or there’s almost no competition in the thing they do. And in a healthy free market, there should definitely be competition in a field that nets that much profits. The logical conclusion is that something is actively preventing the competition.
that’s kinda the issue, building rockets isn’t all that profitable. they do it anyways because they believe in the vision and that it will pay off long-term, just not short-term
In a free market, competition has end results. Buisnes don’t just keep competing with one another ad infinitum. One of them eventually cant keep up and closes shop. It’s competitors expand into the space it previously filled. This process repeats until you have fewer and fewer firms that account for more and more of their sector of the economy. New business do not have resources to eke out space in an already filled niche.
Under a long enough time frame, a free market creates less competition.
Yep. People love free markets, but they really only benefit billionaires. The idea that free markets lead to a better society is bunk and should be abandoned along with every other capitalist lie.
I don’t remember that ever happening without government coercion. Can you refresh my memory?
Sorry, do you think a business failing is only possible with government coercion?
And what government coercion gave Google near monopolies on web search and video? Microsoft Windows accounts for 70% of desktop computers, did a government give them that? Whom did the government coerce for Amazon to have such domination of server hosting and online retail?
I don’t think you’ve been paying close attention to whats been happening in your lifetime.
You think the free market can save us from billionares. Wow. How long have you been drinking that kool aid man.