Re: Re: Re: Re: Re: Re: My Take on Competition

[Michael Perelman]

I don't think that I as suggesting that the origin of profit is in exchange, but
in an economy dominated by monopolies profits will be higher than in a
competitive economy, ceterus paribus.

Doug Henwood wrote:

> First, doesn't this theorize the origin of profit in exchange rather
> than production?

> And second, how do we go from Nike to "each good"?

That was just a thought experiment.

>
> Don't you have to prove that the markup has increased for all
> products, not just branded sneakers?

No.  I was just proposing the the expanding reach of Intellectual Property is
increasing mark ups.

>
>
> Doug

--
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail [EMAIL PROTECTED]