zlacker

> So Job’s fictional carpenter would get outcompeted by the hypothetical free market where carpenters of equal skill are producing more at lower cost.

I think the point of the story is that Jobs's carpenter is not even trying to compete with Walmart trash products. He is deliberately avoiding the market that is sensitive to higher costs.

>>ryandr+(OP)
The point is that the world is large and there are many master carpenters.

This hypothetical carpenter would be competing with other carpenters at the same skill level.

>>j7ake+v1
Thank god the world of Software and Hardware engineers competing with Apple is quite small.