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Here, from one of the founders of Ordoliberalism, is a consideration that is useful to keep in mind when reflecting on intellectual property: "Anbieter und Nach
by bshepard 5y ago
Here, from one of the founders of Ordoliberalism, is a consideration that is useful to keep in mind when reflecting on intellectual property: "Anbieter und Nachfrager suchen stets - wo immer es möglich ist - Konkurrenz zu vermeiden und monopolistische Stellungen zu erwerben oder zu behaupten"....."Suppliers and buyers always seek - wherever possible - to avoid competition and to acquire or maintain monopoly positions" - Walter Eucken
- dredmorbius 5y agoIt strikes me that the goal being sought here appears to be far less profit maximisation and far more market dominance. Economic theory is mistaken in presuming profit is the principle driver, power is. Profit is merely one means to power.