Prices come from supply, demand, and value. Prices will naturally fall to Cost of Production where there is Competition. I suggest reading Wage Labor and Capital if you want a thorough explanation, prices don’t materialize out of mid-air.
Society can choose what society wants. You can elect managers and government functions to allocate, manage, and distribute production.
Those managers you are referring to are the current system. The way we elect who has the power is with our money. If you want Samsung to make choices about resources, you buy Samsung devices or stock. This is the fairest voting system we’ve managed to create.
Thanks for the link. I agree with your assessment of where prices come from. Eventually, robots will drive the costs down to nothing.
There may not be a plethora of really good tech companies to choose from, but we also have the choice to not vote for any of them. Fact of the matter is that people selfishly prefer to support these companies in their mission to get better and better than the competition, making their be fewer and fewer really good tech companies to choose from.
Prices come from supply, demand, and value. Prices will naturally fall to Cost of Production where there is Competition. I suggest reading Wage Labor and Capital if you want a thorough explanation, prices don’t materialize out of mid-air.
Society can choose what society wants. You can elect managers and government functions to allocate, manage, and distribute production.
Those managers you are referring to are the current system. The way we elect who has the power is with our money. If you want Samsung to make choices about resources, you buy Samsung devices or stock. This is the fairest voting system we’ve managed to create.
Thanks for the link. I agree with your assessment of where prices come from. Eventually, robots will drive the costs down to nothing.
That is not how our current system works, because you assume Samsung has no outsized agency and that people have a plethora of chocies.
If you have any questions about WLaC, I can answer for you.
There may not be a plethora of really good tech companies to choose from, but we also have the choice to not vote for any of them. Fact of the matter is that people selfishly prefer to support these companies in their mission to get better and better than the competition, making their be fewer and fewer really good tech companies to choose from.
What is WLaC?
Monopolization is not due to consumers, who must participate in the system, it is due to Capitalists accumulating.
It’s an abbreviation of Wage Labor and Capital.