Comment by nozzlegear

Comment by nozzlegear a day ago

5 replies

> I think you’re wrong about Safari itself being the reason chrome isn’t a 90%+ market owner; rather, it’s apple’s requirement that no other browser engine can exist on iOS.

It sounds like capitalism has so far saved us from a Chrome monopoly, then.

mopenstein a day ago

Capitalism doesn't exist. The fact that trademark, copyright, and patents exist nullify capitalism.

There can be no free market if your government intervenes in every transaction.

  • ako a day ago

    True capitalism can never exist due to lack of transparency, urgency, monopolies, etc. The best we can have is government controlled capitalism.

    • godelski 44 minutes ago

        > True capitalism can never exist
      
      To nitpick, you mean "unfettered capitalism". As in no government involvement. Which has the identical problem to unfettered anarchy: coalitions form, creating governments. Since many markets have network effects (e.g. bulk purchasing gives lower price per unit) a monopoly tends to be one of the possible steady state solutions. But any monopoly can choose to become a governor of their market, being able to impose regulation even through means other than government (e.g. pull resources, poach, lawsuits, or even decide to operate at a loss until the competition is dead (i.e. "Silicon Valley Strategy").

      I just mention this because it's not a problem exactly limited to capitalism. It's a problem that exists in many forms of government and economics (like socialism). It just relies on asymmetric power

    • TeMPOraL 7 hours ago

      Yup. It's quite obvious that such unfettered, true capitalism quickly decays to the good ol' rule of warlords.

      There should be a name for this kind of fallacy, where you look at a snapshot of a dynamic system (or worse, at initial conditions), and reason from them as if they were fixed - where even mentally simulating that system a few time steps into the future makes immediately apparent that the conditions mutate and results are vastly different than expected.