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Disagree. A competitive market cannot really exist without profit motive. We can have capitalism without monopolies and global corporatism, it just requires a l
by cameronbrown 7y ago
Disagree. A competitive market cannot really exist without profit motive. We can have capitalism without monopolies and global corporatism, it just requires a little regulation.
I'm not saying profit motive is the only thing that drives corporations, but it's like breathing is to living creatures.
- Ididntdothis 7y agoI think we are saying the same thing. The profit motive is fine but it's not sufficient. Competition is needed.
- cameronbrown 7y agoWhat I'm saying is capitalism and competition go hand in hand. If they don't then that's a flaw with regulations (see: American health care).