I have nothing against capitalism: what we seem to have nowadays is Corruptism.
Corruptism is the collecting of wealth no matter who or what.
Need another dollar? Bribe a politician to make the laws favour corporations over people.
Need ANOTHER dollar? Cut wages and hours.
Need ANOTHER dollar? Layoffs.
It use to be that employers made, what, 400X what their employees made? Now an employee has to work 2-3 jobs just to live while the 'boss' feeds the pork to make ONE MORE DOLLAR!
A little more kindness would see us in a better world.
I'd like to see politicians start thinking of the people who voted for them.
Lets get back to basic Capitalism: Corruptism is not working.
(Score: 0) by Anonymous Coward on Thursday December 13 2018, @03:14AM
Mergers happen when Company A believes it can make more money running Company B than Company B can, so Company B sells for more than they think they're worth. If merged Company AB fails to exploit an opportunity (e.g. customer service), then a new entrant can compete for that market share.