Competition Is for Losers…build a monopoly, writes Peter Thiel [co-founder of the business everyone loves, PayPal.] http://m.wsj.com/articles/peter-thiel-competition-is-for-losers-1410535536 …
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@aral he's just stating what every capitalist knows and works towards. The difference between them and him is that he has a big mouth -
@andywalpole Maybe the time to worry is when they no longer feel the need to codify their intentions.
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@aral "Creative Monopolists"? He is serious, isn't he? Give me a break. Sickening article. -
@checkdisout Yep. Sadly serious. -
@aral Thiel says, monopolies are o.k. as long as they foster progress. But a monopoly brings monoculture. I would always prefer diversity.
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@aral capitalism is a scale-free network. People want to connect to the well-connected: thus monopoly. http://en.wikipedia.org/wiki/Scale-free_network#Characteristics …Thanks. Twitter will use this to make your timeline better. UndoUndo
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@aral he's right, though. Lack of power / will / spine in govts in developed world is perpetuating this.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@aral Monopoly is the end goal of capitalism. SV merely gets closer faster (acceleration caused by software versus hardware).Thanks. Twitter will use this to make your timeline better. UndoUndo
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@aral exactly what the original copyright and patent acts where suppose to stop, monopolies :(Thanks. Twitter will use this to make your timeline better. UndoUndo
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