Mark Janssen wrote: > This seems backwards. If the barrier to entry is near zero (I can use the > commons to sell my produce) ,I can still sell my produce at just as much > profit as otherwise, perhaps even moreso.
Hi Mark, When I say 'Profit', I mean the difference between the Price a consumer pays and the real Costs the owner paid, including any wages. I guess I'm talking about "Economic Profit" "" Economic profit does not occur in perfect competition in long run equilibrium; if it did, there would be an incentive for new firms to enter the industry, aided by a lack of barriers to entry until there was no longer any profit. "" -- http://en.wikipedia.org/wiki/Profit_(economics) Venture Capitalists will need a new strategy because corporate 'earnings' approach zero as competition between workers is increased. By 'competition' I mean any worker who qualifies to operate the Sources (as determined by that exact group of co-owners) can instantly begin work because every one of us can learn to milk cattle or raise bees or cook meals and then signup to do so if that is a job we want to try for a while. _______________________________________________ P2P Foundation - Mailing list http://www.p2pfoundation.net https://lists.ourproject.org/cgi-bin/mailman/listinfo/p2p-foundation
