no Jason, "capitalism"describes the system I was talking about. "small businesses" or "many competitors" or"many small businesses".has nothing to do with capitalism inherently. Perhaps a basic definition will help:
cap·i·tal·ism /ˈkapətlˌizəm/Noun: An economic and political system in which a country's trade and industry are controlled by private owners for profit.
Amazon is owned by private owners (not the government), and Amazon is run on the basis that their company will generate profits. That is capitalism. If you.have any other basic questions like that, I'm sure there is a local community college, or adult education program in your area that provides some information on entry-level economics.
Corporatism is something entirely, and completely different to anything that we are taking about here.
Basically, just because new, small, local, inefficient private companies cannot always compete with large, efficient, established companies does not mean that capitalism is being destroyed, or abandoned. In the global era, we really have little choice but to accept the dominance (for the most part) of large companies. Besides, the presence of multiple large companies provides the exact same market competition that several small, local businesses would provide.
Also, please explain, with scholarly peer-review sources, how large companies stifle innovation.+Michael Tiemann
please explain what you mean. First off, how exactly is the principle that selling an item at a loss for a short time is predatory. I know that when you use slanted word choices, you can make it sound evil... Let's just go for the home run, and call them Hitler-Style pricing. It doesn't make any sense, but you are clearly more concerned about using language that specifically slants the words to reflect your view.
Amazon does not sell ebooks at a loss to drive out other companies, it does so to drive sales. Some companies use coupons, vouchers, promotional deals, sales, or discounts. If Amazon is a big bad wolf style villain, then so is almost every company out there. Pricing incentives are not predatory, and if less efficient businesses cannot keep up, then our economic market gets better as they fail, and are replaced by superior companies.
And what does any of this have to do with products being "infinitely expensive"? What exactly are the "structural problems" as it is right more, sounds like most of that post is made up.