this post was submitted on 10 Nov 2023
360 points (99.7% liked)

Australia

3579 readers
51 users here now

A place to discuss Australia and important Australian issues.

Before you post:

If you're posting anything related to:

If you're posting Australian News (not opinion or discussion pieces) post it to Australian News

Rules

This community is run under the rules of aussie.zone. In addition to those rules:

Banner Photo

Congratulations to @[email protected] who had the most upvoted submission to our banner photo competition

Recommended and Related Communities

Be sure to check out and subscribe to our related communities on aussie.zone:

Plus other communities for sport and major cities.

https://aussie.zone/communities

Moderation

Since Kbin doesn't show Lemmy Moderators, I'll list them here. Also note that Kbin does not distinguish moderator comments.

Additionally, we have our instance admins: @[email protected] and @[email protected]

founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[โ€“] [email protected] 7 points 1 year ago (1 children)

They actively kill competition for a reason.

[โ€“] [email protected] 5 points 1 year ago

I mean, what is competition? The entire point of a competition is that someone wins, and someone loses. When the entire structure is a competition, then if enough time passes most participants will have lost, and only one will stand victorious. The concept of free market competition will always end in monopoly, and every anti-trust mechanism is just a way to slow this down, not an actual solution. Capitalism will never create a solution to this either, as monopoly is the logical goal of capitalism. When monopoly exists, the capitalists have the most power. Of course capitalism will benefit the capitalists. It would be weird if it didn't.