Yes they would be, or at least should be taken that way. Capitalism is supposedly best for everyone because competition between suppliers of a good or service d

Yes they would be, or at least should be taken that way. Capitalism is supposedly best for everyone because competition between suppliers of a good or service drives prices down allowing the most people to afford those goods or services. The jerk talking about "avoiding a race to the bottom" is really saying "lets circumvent market forces to screw people out of money since we're too incompetent to provide actual value in the face of competition".