Previously in Immoral Mazes sequence: Moloch Hasn't Won Perfect Competition In Meditations on Moloch, Scott points out that perfect competition destroys all value beyond the axis of competition. Which, for any compactly defined axis of competition we know about,
Perfect Competition
Perfect Competition
Perfect Competition
Previously in Immoral Mazes sequence: Moloch Hasn't Won Perfect Competition In Meditations on Moloch, Scott points out that perfect competition destroys all value beyond the axis of competition. Which, for any compactly defined axis of competition we know about,