Competition Is Dying, and Taking Capitalism with It?

Re:Competition Is Dying, and Taking Capitalism with It? by ekianjo on Thursday November 29, 2018 @02:42AM (#18558721)

Safety comes at a cost. If you want to makes planes ultimately safe, you would not allow them to fly, period. Just like NASA has now an objective of "safe flights" and basically does not send humans in space anymore because they can't guarantee zero fatality.

Safety is not a binary variable: it's a trade-off vs economical factors and the cost of each ticket. Since some people have to fly anyway, this means decreased spending in other areas of the economy.

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Re:Competition Is Dying, and Taking Capitalism with It? by nradov on Thursday November 29, 2018 @02:52AM (#18558748)

But planes are ultimately safe, to the extent that the major US airlines often go a whole year with zero passenger deaths. And this safety doesn't even cost more; it's actually cheaper than the alternative when you net out all the costs.

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Re:Competition Is Dying, and Taking Capitalism with It? by mattbessey on Thursday November 29, 2018 @05:37AM (#18559283)

> this safety doesn't even cost more; it's actually cheaper than the alternative when you net out all the costs.

You can't just drop an argument destroying bomb like this with no citation

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