Not really? Competition might cut into your profits, sure, but that doesn’t mean you’re going to be bankrupt. Just because dyson vacuums are amazing doesn’t mean stuff like vorwerk is dead, right? They still exist and are very profitable.

I’m not saying that the ones at the top are not using their power and money to lobby and stuff, but that doesn’t really seem like a good argument to me why we should switch to communism instead of just fixing the issues we currently have lol.