There is an uncomfortable truth to reconcile with in that the vast majority of technological progress in private companies has come from monopolistic ones.
True, yet those major tech companies are still incentivized to make good products to some extent if they want to remain monopolies longterm. Just look at Intel..
If you have the government forcing everyone to buy your products regardless of their quality you have no such incentives.
True, yet those major tech companies are still incentivized to make good products to some extent if they want to remain monopolies longterm. Just look at Intel..
If you have the government forcing everyone to buy your products regardless of their quality you have no such incentives.