"How competitive is capitalsim anyway? What's the best measure for it?" I look at stuff like this among a group of suppliers: 1. What suppliers offer in terms

"How competitive is capitalsim anyway? What's the best measure for it?" I look at stuff like this among a group of suppliers: 1. What suppliers offer in terms of product, capabilities, etc should be going up. 2. If comparing two versions of something in No 1 overtime, then... 2.1. Quality/reliability/security should go up over time. 2.2. Price should go down. 3. Customer service should improve over time given it's an easy differentiator. 4. Convenience of any aspect of the business should go up over time. Low-hassle in general. You'll find in monopolies or cartelized oligopolies that these are all bad or move super slowly in a way that keeps everyone high margin. In highly competitive industries, things move fast with many players having low margin.