when a huge multinational corporation worth more than the GDP of many nations organizes their resources using a plan decided by executives, and starts to vertically integrate to control their supply chain, and reaps the cost savings, that’s just good capitalism.
No organization that’s publicly owned could ever vertically integrate and make efficient use of resources, no, you need a dictatorship where the wealthiest have all the power for that kind of thing to work
The reason markets trend toward monopoly is that it’s so ineffective
when a huge multinational corporation worth more than the GDP of many nations organizes their resources using a plan decided by executives, and starts to vertically integrate to control their supply chain, and reaps the cost savings, that’s just good capitalism.
No organization that’s publicly owned could ever vertically integrate and make efficient use of resources, no, you need a dictatorship where the wealthiest have all the power for that kind of thing to work
The reason markets trend toward monopoly is that it’s so ineffective