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Apple accused of ‘trying to thwart emerging startups through anticompetitive measures’
(www.livemint.com)
this post was submitted on 24 Sep 2023
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"The market regulates itself."
Survival of the fittest!*
*Richest with the least amount of ethics.
The amount of ethics of any leader is irrelevant in capitalism. The system itself demands the creation of monopolies and constant growth. If you try to be a good person, some other company will “win the race” and take you out of the competition one way or another.
Expecting or demanding ethics of people is trying to fix the wrong problem, while the solution is toppling the entire system.
It's more than that - once you grow to the point where management don't all have personal relationships, how do you decide who to promote?
Metrics. Meaning, money minus controversies... So basically, everyone with decision making power is incentivized to push profits as far as they can without crossing that ever shifting line where the public gets pissed at them...
At all levels, there's a selection pressure to find the people who push the boundaries as far as they to maximize short term profits without drawing attention to how the sausage is made...
With that as the basis for all promotions across all industries, is there any surprise we are where we are, with the system cannibalizing itself now that there's no new markets to expand into?
All of that has been predicted by Marx since the 19th century. And he already created a better system.
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