alt Hacker News> because capitalism means competition.
I think you’re confusing a system of private ownership of capital (capitalism) with free markets.
> because capitalism means competition.
I think you’re confusing a system of private ownership of capital (capitalism) with free markets.
Also somehow ignoring captured markets, natural monopolies, goverment granted monopolies, regulation capture and the myriad of other unsurmountable situations that "competition" cannot overcome