We agree on the damage caused by short revenue reporting requirements for public companies. Just remember that private companies have share-holders too. The fresh fruit street vendor is a tiny business with one or more share-holders, competing against massive supermarkets.
About free markets being a myth, yes well there’s no true Scotsman. The guiding ideals of the concept of a free market are still in effect, despite all of the valid exceptions you listed. Fact is, Reddit can still be driven out of business.
We agree on the damage caused by short revenue reporting requirements for public companies. Just remember that private companies have share-holders too. The fresh fruit street vendor is a tiny business with one or more share-holders, competing against massive supermarkets.
About free markets being a myth, yes well there’s no true Scotsman. The guiding ideals of the concept of a free market are still in effect, despite all of the valid exceptions you listed. Fact is, Reddit can still be driven out of business.