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How rental ‘libraries of things’ have become the new way to save money (www.theguardian.com)

submitted 6 months ago by [email protected] to c/[email protected]

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The theory is simple: instead of buying a household item or a piece of clothing or some equipment you might use once or twice, you take it out and return it.

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[–] [email protected] 1 points 6 months ago (1 children)

The problem is maintaining competition. Another thing those MBAs salivate over is the idea of buying out the competition, and their squeeze-the-company-dry method can give them just enough money for just long enough to buy a competing business to run into the ground when the original one starts to give out. Like I said, parasitic fungus: move to a new host as the old one dies. Keeping them from spreading can only be accomplished by stronger government regulation than many people seem willing to see in place, alas.

[–] [email protected] 1 points 6 months ago

Government regulation is needed for a healthy capitalism country yes.