why don't we distinguish between types of competition?

when ncds'ers talk about how capitalist firms are engaging in
cutthroat competition, they want us to have the idea that firms are
competing *for consumers*, especially by lowering prices.

but it turns out, not surprisingly, that capitalists find price
competition really annoying, and so they move to eliminate it, often
successfully, through buying up competitors, vertical integration,
dominating market niches, etc.

a very different kind of competition is capital competition. and this
i do think capitalists face, especially in the us these days, with few
capital controls, and high capital minimum wages. (Fed interest rates.)

___________________________________
Robert Naiman
1821 W. Cullerton 
Chicago Il 60608-2716
(h) 312-421-1776 

Urban Planning and Policy (M/C 348)
1007 W. Harrison Room 1180
Chicago, Il 60607-7137
(o) 312-996-2126 (voice mail)
[EMAIL PROTECTED]
http://icarus.uic.edu/~rnaima1/



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