Comment by usefulcat
9 hours ago
> Companies always want to charge as much as they can get away with.
In any market where competition exists, companies compete against other companies for customers. Any company that doesn't (for whatever reason) maximize it's net income is likely to cease to exist at some point, or at the least is unlikely to grow. As a result, not being 'greedy' is usually not a viable strategy.
Describing simple self interest as 'greed' is inherently loaded and reductionist. Look at the natural world; pretty much all living organisms exhibit self-interested behaviors (at least at the group or species level, if not the individual level). Are all of those 'greedy' too? You could say yes and not be wrong, but in doing so you would dilute the meaning of the word 'greed'.
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