Been saying, almost every gripe about capitalism is really about monopolies. Then comes the inevitable argument that capitalism’s end game is monopoly. No, it’s not. Adam Smith himself wrote that monopolies are destructive to any economic system. And no economic system will function for long with all but zero government oversight.
Downside of having monopolies.
And then you say Steam is a monopoly and then gamers will suddenly argue “yeah but that’s different because it’s a good monopoly…”
One day Valve will be lead by some greedy idiot in a suit and we will have all our games at the mercy of one dude.
One of the many downsides.
Been saying, almost every gripe about capitalism is really about monopolies. Then comes the inevitable argument that capitalism’s end game is monopoly. No, it’s not. Adam Smith himself wrote that monopolies are destructive to any economic system. And no economic system will function for long with all but zero government oversight.