logoalt Hacker News

charcircuityesterday at 8:51 PM1 replyview on HN

Megacorporations making profit is not some evil that needs to be stopped. The economy is not zero sum.


Replies

zephenyesterday at 9:11 PM

> The economy is not zero sum.

This is true.

But it's not always positive sum, either.

> Megacorporations making profit is not some evil that needs to be stopped.

Externalities are a thing. It's not about the profit per se, but about how (a) the making of that profit might negatively impact others, and (b) the deployment of that profit in pursuit of rent-seeking and other antisocial behavior in order to insure its continued existence might also negatively impact others.

show 1 reply