Capitalism always takes over, if there is potential to sell someone will step in. Used to have small car shops and stores all around, big companies came in and they all closed shop, it’ll go back to that most likely, although it’s more likely other competitors will take advantage of the situation and just move in instead. Especially if the situation expands to further states.
Your example makes the opposite of your point. How are small companies supposed to compete against the economy of scale? This is especially true in things that require a lot of manufacturing. There’s an insane amount of upfront capital necessary to even be able to come close to competing.
I’d hope the free market will move in and create competition. I am pessimistic though. I think anyone who tries will be shut down by buyouts/suppression.
And when all the auto manufacturers are doing that? We all drive a Little Tikes coupe?
Not like we have much choice because they will all do it.
Capitalism always takes over, if there is potential to sell someone will step in. Used to have small car shops and stores all around, big companies came in and they all closed shop, it’ll go back to that most likely, although it’s more likely other competitors will take advantage of the situation and just move in instead. Especially if the situation expands to further states.
Your example makes the opposite of your point. How are small companies supposed to compete against the economy of scale? This is especially true in things that require a lot of manufacturing. There’s an insane amount of upfront capital necessary to even be able to come close to competing.
I’d hope the free market will move in and create competition. I am pessimistic though. I think anyone who tries will be shut down by buyouts/suppression.