Wednesday, April 20, 2011

It's good in theory

Some times you walk down Bi-Lo and you see that there's a Coles product in there. That's weird, why is a competitor's product in there? Or sometimes you want to change your insurance company, or check out a different bar in the city or use a different phone provider.

Capitalism is great in theory, but it really just doesn't work in practice. There's all this fake competition going on, just enough to make it all seem legitimate. Really it all just seems like a waste of resources. Why is there a Bi-Lo next to the Coles? Why is there a Target one level up from K-Mart? Just make a bigger Coles.

The Coles brand stuff comes from the same place that the fancy packaging stuff comes from, just packaged a little bit better.

Planned economies must be really, really bad if a system of fake competition, disguised monopolies and oligopolies 'works'.

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