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Scale Ruins Everything

(coldwaters.substack.com)
175 points drc500free | 1 comments | | HN request time: 0.203s | source
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CM30 ◴[] No.41841466[source]
To be honest, you could say this about capitalism in general. Everything has to be huge no matter what industry it's in or what the product is, just because shareholders demand that impossible infinite growth.
replies(3): >>41841762 #>>41842277 #>>41850317 #
1. robertlagrant ◴[] No.41841762[source]
It's not capitalism. It's government bonds. If you can get a guaranteed return from bonds, then any risk must beat the bond market. That increases the cost of capital for businesses, so they have to produce greater returns.