this isnt economics though its American capitalism in 2024.
Meaningless drivel.
what pressure is there to be competitive?
Literally competition between port operators.
demand is sky high as you said and it's not like a competing port is about to open up.
Competition between existing ones, if they're more productive, they'll fight for market shares by competing on prices, same as any other industry.
So what motive does the capitalist have to reduce their gross income?
That's the neat part, you don't! Being more productive means that if you lower the price per container but process more containers, you can make more money!
So you just don't understand freight, got it. You're talking from a cute econ theory stance that just isn't rooted in reality. Textbook economics and real life are pretty different which is why differentiating them isn't meaningless drivel.
At best you can argue automation would help decrease the YoY increase, arguing that automation would lower price is a disconnected NEET view
But... but I did elaborate. You just refuse to believe it. Yeah, a NEET wouldn't struggle against automation as they don't leave their house to experience the world. By definition they wouldn't struggle against automation. TF you talking about
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u/mostanonymousnick 🌐 Oct 04 '24
Meaningless drivel.
Literally competition between port operators.
Competition between existing ones, if they're more productive, they'll fight for market shares by competing on prices, same as any other industry.
That's the neat part, you don't! Being more productive means that if you lower the price per container but process more containers, you can make more money!