Gregory's Server@anildash Largely agree, but worth remembering the role of "investors" strategically extracting as much value as they can and then leaving behind the withered husk of previously viable companies.
Like Toys R Us. They still exist in Canada, I suspect because we have slightly stricter regulations that prevented private equity from destroying the company for short term gains here.
@TonyaCanning @anildash
We don’t live in a market economy so much, it’s wealth simply pillaging real companies for even more money. Bed Bath and Beyond, Norfolk rail, Sears, etc and most of Musk’s efforts are pillage and pillage of tax payers by subsidy.
Mean while we have cartels like Cargill, Tyson or monopolies like LiveNation or TicketMaster. Where markets are destroyed or largely maimed. Capitalism? Not even
#WhatCapitialism ?