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 +1-212-874-4020 voice +1-212-874-3137 fax email: <[EMAIL PROTECTED]> web: <http://www.panix.com/~dhenwood/LBO_home.html>
