I think the problem is that many companies, if they don’t see a path to monopoly or near monopoly, cash out and close shop.
For example Fairphone has been going for 12 years. There’s no reason BlackBerry couldn’t make a basic phone running Lineage and stick to a tiny profitable market share.
Capitalism requires companies to constantly grow or they risk being taken over either by being purchased or out-competed in the market by it’s competitors to the point where they cant sustain. It forces them to try to monoplise just to survive.
Ive been looking at the Fairphone as my next phone for some time now. My only concern is how long they intend to sell replacement parts for. I do not see any parts for fairphone 1 or 2 parts for sale. And currently in America only fairphone 3 is for sale. My concern is if I buy it how long it will be before the 3rd model’s parts are no longer available.
(Unrelated: Is your username a King Gizzard reference?)
I think the problem is that many companies, if they don’t see a path to monopoly or near monopoly, cash out and close shop.
For example Fairphone has been going for 12 years. There’s no reason BlackBerry couldn’t make a basic phone running Lineage and stick to a tiny profitable market share.
Capitalism requires companies to constantly grow or they risk being taken over either by being purchased or out-competed in the market by it’s competitors to the point where they cant sustain. It forces them to try to monoplise just to survive.
Ive been looking at the Fairphone as my next phone for some time now. My only concern is how long they intend to sell replacement parts for. I do not see any parts for fairphone 1 or 2 parts for sale. And currently in America only fairphone 3 is for sale. My concern is if I buy it how long it will be before the 3rd model’s parts are no longer available.
(Unrelated: Is your username a King Gizzard reference?)
Companies do not have to chase increased profits. That’s a choice. Genda Shigyō has been making paper products for over 1,200 years.
It doesn’t matter if other companies grow larger than your company as long as you make a profit.