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smallmancontrovlast Sunday at 8:16 PM1 replyview on HN

The loot is already spoken for by complements and embedded in real estate prices, stock prices, etc.

Hobbes arguments can rationalize any Nash Equilibrium.


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IncreasePostslast Sunday at 8:21 PM

Isn't it just the predators that care about stock price to enrich themselves? Couldn't a co-op exist which offered non-predatory pricing and didn't try to maximize their stock price constantly? And real estate in destitute rural areas is generally dirt cheap.

Of course this could be offered. But, no one wants to do it because it's a thankless job. And if you're going to do a thankless job, you'd probably rather get paid a lot of money to do it than very little

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