He's an anticapitalist who wrote some incredible literature. I even had 3 pints with him once at a pub. Is he still alive? what's he up to?
He's an anticapitalist who wrote some incredible literature. I even had 3 pints with him once at a pub. Is he still alive? what's he up to?
Right. I didn't mean to imply that there was a level playing field of competition for everyone. I just meant that the constraining forces of the market impel the capitalists to always seek more shortcuts to profit, out of fear of being eaten up by the bigger capitalist. Even if the first capitalist claims to be a good, ethical person who wouldn't downsize, offshore, cut wages, or automate, those market forces will change that attitude quickly
My comment wasn't meant to challenge what you were saying, just adding on my own rant, but I agree with you. I would add that the preferred arrangement for capitalists in our modern era is oligopoly, where they can coordinate (not fix) prices to fatten their profits and don't need to worry about one purchasing the other. There is definitely a kind of ruthless competition between large firms and smaller ones, but between the large firms, they seem to get along quite well.
oh yeah, for sure. Thanks