Linked by Kroc on Thu 30th Aug 2007 13:03 UTC
Editorial I hear often that when something new appears that "competition is good". The primary reasons competition is seen as good, are: it drives down prices; it gives consumers more choice; it pushes technology forward, quicker. Competition is not good because: competition is why consumers have to choose between HD-DVD and BluRay; competition is why DRM exists; and more. In this article, each of the supposed benefits of competition will be looked at in more detail.
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RE[2]: Mod me down, but...
by google_ninja on Thu 30th Aug 2007 15:08 UTC in reply to "RE: Mod me down, but..."
google_ninja
Member since:
2006-02-05

Capitalism is based on the idea that competition in a free market will produce the best results. Marxism is based on the idea that everyone working together for the good of all is the best way to do things.

The early collaberation was in an academic context, and academia functions in a way alot closer to what marx was talking about the way marx was talking about. This works as long as it is a closed system of intellectuals funded by the larger capitalist system. It doesnt work as a general way of doing business, as can be seen many times in history.

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