I remember reading somewhere that perfect competition under a free market was not really stable nor desirable.
This is because it causes profit margins to tend to 0 which has 2 negative effects:
* makes companies more fragile to externalities
* does not allow companies to accumulate treasuries that enable them to do research, innovate, take risks, etc
The end result is a stale stagnated balkanized economy. The corollary is that some market imbalances and assymetries are healthy.
Anyone knows where this reasoning comes from? Did I dream it up?
sommerfeld
sommerfeld@sommerfeld.dev
npub16r0t...z5pl
Sovereignty, freedom, privacy, self-hosting and software dev
8BETLojm7zCfGV8DKKiRWLAXrFGbkZxDAgzpGmkrDvafTB18QFUg9cQ1KKDtcECrekV14yZDdGEEQbGy8ShXq1pDBVAh2Hw
My main client makes regular donations to the FOSS project it uses and relies on and also upstreams code improvements.
They only do it for MIT licensed ones.
If something is GPL, it's immediately dismissed, which is a shame because I feel it really stifles innovation.
Tldr: MIT > GPL
Nothing ever can replace it
When it's gone you can still taste it
Going on this trip together
Rabbit hole goes on forever
If I seem unhinged or angry, I apologize. I'm constantly sleep deprived and there is no end in sight.
Morning nostriches > late night nostriches. At least in my timezone