2 ms·
sure, information has many channels and routes into our brains, so that's not unusual or a criticism of how you learned that bit of information. but the idea th
by clairity 5y ago
sure, information has many channels and routes into our brains, so that's not unusual or a criticism of how you learned that bit of information. but the idea that you try to avoid competition is straight from a first-year strategy course at any business school, in which this has been taught for at least the last 5 decades, if not much longer.
capitalism, the ideal, puts competition on a pedestal, as a broad mechanism to ensure profit margins gets squeezed out of markets as they mature (that is, as risk stabilizes, the risk premium does as well). capitalists don't want their profit margins minimized, so they employ as many mechanisms as they can get their greedy hands on to minimize competition. capitalists are literally anti-competitive. capitalism is not.