• ArcticAmphibian@lemmus.orgEnglish
        1·
        5 months ago

        There might not BE a better company. In the system you describe we’d end up with even more strictly defined economic classes, because the wealthy would have the ability to collectively decide policy without interference. You’d just be creating an oligarchy.

        • SatansMaggotyCumFart@lemmy.world
          0·
          5 months ago

          The idea is there is no policy, just companies competing for customers and employees and giving them both the best value or the customers and employees would move on to a better company.

          • Gormadt@lemmy.blahaj.zone
            1·
            5 months ago

            Why compete when you can destroy the other companies without restrictions?

            Imagine Walmart buys the local water company then cuts water off to their competitors by charging them an exorbitant amount? Or the local power company? What’s to stop them?

            They can just absorb the local utilities and start intentionally giving their competitors terrible or no service and drive them out of business.

            It just turns to feudalism.

              • Gormadt@lemmy.blahaj.zone
                1·
                5 months ago

                How would they get the capital together (a massive undertaking) or the equipment together (again a massive undertaking) as Walmart buys up the entire supply chain to provide the pipes and power lines?

                Oh you want to hire an electrician for grid work? Walmart won’t sell you or rent you the equipment. Want to hire a plumber for grid work? Walmart won’t sell you the required equipment to set it up.

                Not even that but what’s to stop them from corporate espionage? Sabotaging their competitors. “Oh we trap rain water and truck it to people. Lately people have been getting really sick from our water but not Walmarts water.”