An important thing to remember is that, unlike wasteful governments and sleepy nonprofits, competition ensures that businesses allocate resources •efficiently•, minimizing waste and maximizing value to society.
From @rodhilton: https://mastodon.social/@rodhilton/110561830395385157
Badmouth competition all you like, but you can’t beat results like these!
@inthehands @rodhilton In a way that’s the main purpose of competition and a big part of the „success“ of business vis a vis other forms of organizing. Ignoring this dimension altogether is a big hole in one’s world model (even the church couldn’t ignore gravity an more in the end), and finding a different answers to the problem of coordination is the central challenge for anyone trying to argue for alternatives to „capitalism.“
@b3n @rodhilton
I think that makes it 2 hours, 21 minutes?
https://hachyderm.io/@inthehands/110563203923154838
@b3n @rodhilton
(And agreed re the problem of coordination being central, as well as info propagation, but…don’t neglect to read the link in the OP, which casts it in a somewhat different light!)
@inthehands @rodhilton Haha, well, I know the story but thought your point was more general one. Its also a stretch to see the new Twitter as a business instead of a non-profit with the often seen goals of campaigning, lobbying, tax evasion, and broader corruption.
@inthehands @rodhilton The way I understood the story is that new leadership forgot about the project and now it’s „just“ an ugly fight about the money. Twitter neglects to pay rent, the landlord will ask to get the stuff out, both parties look for a deal where the landlord pays for some of the development, furniture, etc. This is a negative sum situation but a usual one in business and many professionals stand by to solve it? (Lawyers esp.)