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Capitalist competition is about increasing profits, not value for consumers.

Old Scratch

Active Member
Ahahahah hahahhahahhahahahh! Blind "optimism" one of My greatest tools for the utter destruction of mankind is.
Yes, yessss! Keep believing that you should! Remember "Hope & Change"? What a brilliant & fell weapon that tripe was!
Boowhahahahahhah hhhahahahahahh hahahahaha hah!
 

Reptillian

Hamburgler Extraordinaire
Ahahahah hahahhahahhahahahh! Blind "optimism" one of My greatest tools for the utter destruction of mankind is.
Yes, yessss! Keep believing that you should! Remember "Hope & Change"? What a brilliant & fell weapon that tripe was!
Boowhahahahahhah hhhahahahahahh hahahahaha hah!

I notice your location is SE Hell...you must be from South Dakota too...Sioux Falls? ;)
 

MD

qualiaphile
Capitalism: The fantasy

wall-street-560.jpg



Capitalism: the reality

484px-Pyramid_of_Capitalist_System.jpg
 

Darkness

Psychoanalyst/Marxist
Using standard neoclassical models, pure competition will drive capitalist economics profits to zero. However, large corporate industries operate within an oligopolistic framework, where businesses base decisions on marginal revenue, not on the neoclassical optimizing demand function.
 

Revoltingest

Pragmatic Libertarian
Premium Member
Using standard neoclassical models, pure competition will drive capitalist economics profits to zero. However, large corporate industries operate within an oligopolistic framework, where businesses base decisions on marginal revenue, not on the neoclassical optimizing demand function.
Show-off!
 

Shermana

Heretic
I bring this quote from the other thread about the Spanish Collectivist-Anarchists, I believe it's a statement of truth. Prices went down, free services abound when you cut out the people whose job is to make money from reselling other people's labor.

Collectivist anarchism - Wikipedia, the free encyclopedia
n real life application of the collectivist projects were quite successful,[15] sources during the Spanish Revolution noted that in the Catalan region, “ "In distribution the collectives' co-operatives eliminated middlemen, small merchants, wholesalers, and profiteers, thus greatly reducing consumer prices. The collectives eliminated most of the parasitic elements from rural life, and would have wiped them out altogether if they were not protected by corrupt officials and by the political parties. Non-collectivised areas benefited indirectly from the lower prices as well as from free services often rendered by the collectives (laundries, cinemas, schools, barber and beauty parlours, etc.)"[16] ” Tom Wetzel describes another collectivization...
“ "Another industry that was totally re-organized was hair-cutting. Before July 19th, there had been 1,100 hairdressing parlors in Barcelona, most of them extremely marginal. The 5,000 assistant hairdressers were among the lowest-paid workers in Barcelona. The Generalitat had decreed a 40-hour week and 15 percent wage increase after July 19th – one of the Esquerra’s attempts to woo worker support. This spelled ruin for many hairdressing shops. A general assembly was held and it was agreed to shut down all the unprofitable shops. The 1,100 shops were replaced by a network of 235 neighborhood haircutting centers, with better equipment and lighting than the old shops. Due to the efficiencies gained, it was possible to raise wages by 40 percent. The entire network was run through assemblies of the CNT barber’s union. The former owners became members of the union(38)." [15]
 
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