Re:Apple Announces Multibillion Deal with Broadcom to Make C...
by JumpCrisscross on Tuesday May 23, 2023 @05:43PM
(#36051217)
> can’t optimize both for extreme shareholder returns and extreme wealth at the top and also pay first world good wages/living standards and have lower prices
Ignoring new entrants, sure. In a competitive market, shareholder returns entice new entrants. Flatten those and you lose that edge.
For many markets, the competition caveat is missing: this is something we can improve with policy. But pushing down profits for labor's sake is a false economy; it leaves the industry less resilient in a global context. Put another way, a solid repeatable business plan is finding a market leader suppressing shareholder returns and exploiting what they're missing from a separate jurisdiction.
Ignoring new entrants, sure. In a competitive market, shareholder returns entice new entrants. Flatten those and you lose that edge.
For many markets, the competition caveat is missing: this is something we can improve with policy. But pushing down profits for labor's sake is a false economy; it leaves the industry less resilient in a global context. Put another way, a solid repeatable business plan is finding a market leader suppressing shareholder returns and exploiting what they're missing from a separate jurisdiction.