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tomdekan04/24/20251 replyview on HN

That’s a very cynical view.

Do the biggest companies not create the most value for the world?

Consider this. If the most successful companies are simply cheating customers, then most consumers are stupid; handing offer their hard-earned money for bad deals and to be exploited.

But most people are not stupid, and most people highly value their money. So, they only buy something because they want what the seller is offering even more than their money. This means that companies create great value because they offer something that people really want.


Replies

noooooooph04/24/2025

This assumes there are compelling alternatives in the market that I can choose from. In reality, there are only a few entrenched players in any established market that work hard to limit competition. So yes, even if I'd like to choose not to hand over my hard-earned money to Evil Corp #93, I can only do the "stupid" thing and watch myself and my environment get exploited.

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