N
niceatheist
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Gates’ wealth was built at least in part on some pretty ethically dubious actions; including intentional disadvantaging of customers (the infamous “DOS ain’t done 'til Lotus won’t run”), theft of IP (the circumstances surrounding the obtaining of SeattleDOS and the ripping off of Stac’s disk compression technology come to mind), and the all-but-giving away of OEM licenses of DOS and windows to manufacturers, and the jacking up of those fees for manufacturers who chose to ship with other competing operating systems, which came to be known as the “Windows tax”. Indeed, Microsoft’s campaign against Netscape did deliver Microsoft with a monopoly on browsers on PCs for the better part of a decade.Eric_Hyom:
So, who is forcing an individual or company to buy a product? No one.Companies try to sell their products for the maximum they can get, which is not their true worth. How else could Bill Gates be the mega billionaire that he is?
The maximum they can get for a product is what someone is willing to pay. If a competitor comes along and offers a similar product for less money, the competition will drive the price down.
Bill Gates is wealthy not because he charges too much, but because he designed an operating system that helped others be more productive and sold shares of his company to people who saw the investment to be worthwhile. The cost of the product was worth the cost to those that purchased it. His employees had skills that made them valuable and they were paid well. Investors allowed the company to expand. That is how jobs are created.
So let’s not pretend that the vast wealth that Microsoft accumulated was all blood sweat and tears. Some of it was business acumen, and some of it was pretty nefarious campaigns against would-be competitors or suppliers that wouldn’t play ball.