Posted on 10/10/2018 9:54:11 AM PDT by SoFloFreeper
The internet companies have driven other companies out of business and put many Americans out of work.
They broke all the laws in the brokerage industry, like know your client, because they had the political clout to do so, buying off the politicians.
This has resulted in monopolies and barriers to entry there.
But people have to adapt. They have to change. They have to evolve and they have to improve. The same could be said about:
Railroads vs. Planes
Stagecoach vs. Cars
Mail vs. Email
Land Lines Phones vs. Cell Phones
Leaded vs. Unleaded gas
And of course the Internet.
But the Internet isn’t only Amazon. Another problem is that technology far outpaces legislation and tax law. Look at the recent Scotus Wayfair case as a perfect example. For 5 decades a case from 1992 ruled the way sales taxes were forced to be collected in this country. Are companies still doing business today like they did in 1992? Think of how much has changed since then? Was FR even here then?
Law of natural selection. Adapt. Evolve. Or Die.
I’ve never bought anything off of Ebay but I’ve sold stuff on Ebay and had a great fun time doing it.
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