News for hackers. Stuff that matters.

A comment on Qualcomm shook down the cell phone industry for almost 20 years (2019). Parent comment

Re:Qualcomm shook down the cell phone industry for almost 20... by colordrops on Thursday June 02, 2022 @02:04AM (#31591894)
> Most of the time it aligns with public good

Fully disagree here. I could list a hundred egregious examples where this isn't true for major aspects of life, but it's late and I'm tired of arguing on the internet. Perhaps tomorrow I'll respond with examples.

[ Parent | on HN ]
Re:Qualcomm shook down the cell phone industry for almost 20... by RealityVoid on Thursday June 02, 2022 @05:49AM (#31593084)
The contest is if other people can list _more_ things where it _does_ align. And even if the misalignment is more frequent than alignment, are there any other systems that are better? I agreed with the general sentiment of your post and agree there are a lot of wrongly incentivized bahaviors in capitalism. It's just that finding workable alternatives is a challenge in of itself.
[ Parent | on HN ]
Re:Qualcomm shook down the cell phone industry for almost 20... by Akronymus on Thursday June 02, 2022 @07:28AM (#31593617)
Reminds me of the quote that "democracy is the worst form of government – except for all the others that have been tried."

Just replace democracy with capitalism and government with market.

[ Parent | on HN ]