- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Based Jeff Bezos cutting prices at Whole Paycheck
Posted on 8/24/17 at 4:22 pm to SirWinston
Posted on 8/24/17 at 4:22 pm to SirWinston
quote:
Capitalism over 100 years is similar to a game of "Monopoly". Once the eventual "winners" cross the rubicon, the game is unlosable and the gap between them and the "losers" will exponentially widen.
This is true. I realized this watching "the cars that built America" going through the history of the auto industry.
Seems every industry goes through stages. The pioneer stage where something new is invented and changes the world. Then the growth stage where everyone seeks to get into this new industry and money pours in and there's healthy competition and massive growth. Then a recession stage where the heated competition leads to greed and unethical business practices causing many to go out of business trying to get an edge over competitors. Then a consolidation stage where the few big dogs who emerge from the recession stage consolidate or buy out the competition and take the entire market. Then the industry coasts being led by a few big players with little competition other than niche markets.
Popular
Back to top
Follow TigerDroppings for LSU Football News