To the contrary, competition eliminates its own existence, eventually all markets will coalesce into large trusts that can be publicly owned and planned.
The health of the current system is undenianly declining, absolutely. But competition is eternal and non-optional, so systems that seek to eliminate it are intrinsically doomed.
To the contrary, competition eliminates its own existence, eventually all markets will coalesce into large trusts that can be publicly owned and planned.
Well, competition has been going pretty strong for the last four billion years; time will tell.
Not exactly, it’s increasingly disappearing in favor of monopoly.
The health of the current system is undenianly declining, absolutely. But competition is eternal and non-optional, so systems that seek to eliminate it are intrinsically doomed.
Competition can’t be eternal, otherwise monopoly wouldn’t exist.