alt Hacker News> Now imagine what the competitive landscape for that bakery would look like if all of that friction for new competitors disappeared. Margin would tend toward zero.
This is the goal. It's the point of having a free market.
> Now imagine what the competitive landscape for that bakery would look like if all of that friction for new competitors disappeared. Margin would tend toward zero.
This is the goal. It's the point of having a free market.
With no margins and no paid employees, who is going to have the money to buy the bread?