Earlier quoted context omitted.
There is a prevalent view of economy that insists businesses sell their products at the minimum price they can still make a profit at (but not lower or you are dumping.) A Marxist view of economy, if I must. Whenever I meet one of these people, I ask if they are willing to negotiate a wage reduction with his HR. My logic is simple. If you think it is wrong for a business to sell a product at the maximum price they ca…
> There is a prevalent view of economy that insists businesses sell their products at the minimum price they can still make a profit at [...] A Marxist view of economy, if I must. That's actually how competition is supposed to work in capitalism . If you sell your products at much higher than the minimum price, someone else can make a profit by selling slightly cheaper and taking over your market share.
If Lego was nationalized then the excess earnings that go into the owners' pockets as dividends or asset value would be realized by the people. But that of course leads to different inefficiencies (investors don't invest, etc...).