Pringles are the best potato chip. Nothing else comes close in their class. Why do we waste so many resources making a entire supermarket aisle of inferior chips? Is choice really freedom when competition has made a lot of inferior schlock?
The answer is no.
The fetishization of competition in every aspect of our lives is both ridiculous, destructive and inefficient. What we need is quality and quality based on full price.
Everyone will be screaming at this point MONOPOLY. Rightly so. However, herein lies the power of regulation. Pringles should not be allowed to charge the monopoly price, but rather the proper marginal price. This model worked brilliantly for the most important industries of the 20th century, most importantly electrification. Currently, we all pay monopoly prices through big box collusion in the supermarkets anyway.
Everyone at this point will be screaming INNOVATION. Rightly so. Again, the key is to pour resources dedicated into improving Pringles until the next Pringles 2.0 is discovered. This should be the new model of entrepreneurship.
Competition belongs on the sports fields, not in the economy. It's a long-standing fetish to ensure "labour market flexibility."
