Re: Re: My Take on Competition

[Michael Perelman]

I agree with Jim's first point.

Jim Devine wrote:

>
> 1. Actually, I'd _agree totally_ with Doug's statement -- unless the rise
> of IP has changed the ability of capitalists to depress real wages via
> monopoly pricing (i.e., unless somehow the rise of IP strengthened the hand
> of capital in its battle with labor).

and disagree with his next, but neither of us can really prove our position.

> I doubt this, partly because the rise
> of IP corresponds to a decline in other kinds of barriers to entry, partly
> because I see a general rise in competition (at least in the US) from the
> 1950s to the 1990s, and partly because I'm not convinced by the Baran &
> Sweezy argument about monopoly pricing. (see
> http://csf.colorado.edu/mail/pen-l/2000II/msg02450.html)
>

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

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