absolutely!  

Doug Henwood wrote:
> 
> At 10:14 AM 10/11/96, Michael Perelman wrote:
> 
> >The government tries to avoid excess competiition [depressions] via
> >government spending (i.e. military expenditures) and a lenient policy
> >toward anti-competitive measures.  Business will tend to organize and
> >consolidate until they can enjoy a new period of lax competition.
> 
> Do you agree, Michael, that we're in a period now of greater competition
> than the 1950s and 1960s?
> 
> Doug
> 
> --
> 
> Doug Henwood
> Left Business Observer
> 250 W 85 St
> New York NY 10024-3217
> USA
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--
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 916-898-5321
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