The necessity for the rate of profit to increase to justify the existence of a capitalist enterprise, when the tendency of profits is to fall over time.
Necessity of endless growth when resources are inherently limited.
Concept of competition as an equalizing and innovating force, when the result of competition is continual consolidation of enterprise into fewer and fewer hands, wastefulness of advertising and competitive gimmicks, five different companies reinventing the same product five different times, etc.
No. 1 contradiction: Capitalist heads being connected to capitalist bodies :gui-better: :porky-scared:
Concept of competition as an equalizing and innovating force, when the result of competition is continual consolidation of enterprise into fewer and fewer hands
This is a good one. Liberals use "innovation" as a justification for capitalism and market economies, and capitalism does facilitate that to some extent, but once a technology/product becomes perfected, "competition" just leads to consolidation/monopolization of production, as some companies beat out or buy out others and are able to take advantage of economies of scale.
The necessity for the rate of profit to increase to justify the existence of a capitalist enterprise, when the tendency of profits is to fall over time.
Necessity of endless growth when resources are inherently limited.
Concept of competition as an equalizing and innovating force, when the result of competition is continual consolidation of enterprise into fewer and fewer hands, wastefulness of advertising and competitive gimmicks, five different companies reinventing the same product five different times, etc.
No. 1 contradiction: Capitalist heads being connected to capitalist bodies :gui-better: :porky-scared:
This is a good one. Liberals use "innovation" as a justification for capitalism and market economies, and capitalism does facilitate that to some extent, but once a technology/product becomes perfected, "competition" just leads to consolidation/monopolization of production, as some companies beat out or buy out others and are able to take advantage of economies of scale.