College basketball’s tournament illustrates how capitalism works. In the NCAA tournament, 68 teams scrap it out. In each round winners advance & losers go home. Businesses, like college teams, compete w/ea other, but to the death. The U.S. auto industry had a tournament. 1/5
About 1900 nearly 2K companies made 3K brands of cars. (Source: Encyc. Brit.) Car companies either bought out, or put under, competitors. The Big 3 (Chrysler, GM, Ford) survived. Start-ups occasionally emerge. Tucker made 50-some units and spun off a decent movie. 2/5
DeLorean did a lot for cocaine & time travel. Tesla is trying to generate its own niche. But in the game of capitalism, losers do not “go home” to return next season. They die: “survival of the fittest” is supposed to be the dynamic that makes capitalism superior, but in reality...3/5
shareholders of surviving companies pay money to ensure gov’t largesse. That’s not competition. It’s as if the University of Kentucky winning the tournament, then writing the tournament rules so UK wins each ensuing season. We need limits on money in elections. 4/5
We also should limit monies to “privatize” activities & limit terms of contracts gov’t enters so the “players” don’t lock out competition. I’m Mark Small, pro-choice, anti-gun, anti-trump GOP candidate 4 Ind House Distr 86. I approve of this blog. Hell, I wrote it. 5/5
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