- cross-posted to:
- unitedkingdom@feddit.uk
- cross-posted to:
- unitedkingdom@feddit.uk
The theory is simple: instead of buying a household item or a piece of clothing or some equipment you might use once or twice, you take it out and return it.
The theory is simple: instead of buying a household item or a piece of clothing or some equipment you might use once or twice, you take it out and return it.
The problem is maintaining competition. Another thing those MBAs salivate over is the idea of buying out the competition, and their squeeze-the-company-dry method can give them just enough money for just long enough to buy a competing business to run into the ground when the original one starts to give out. Like I said, parasitic fungus: move to a new host as the old one dies. Keeping them from spreading can only be accomplished by stronger government regulation than many people seem willing to see in place, alas.
Government regulation is needed for a healthy capitalism country yes.