Re: [OPE] free competition

From: Alejandro Agafonow <>
Date: Sat Apr 09 2011 - 21:58:03 EDT

There is no such thing as “free” competition. By definition, competition requires rules that are normally enforced by the State, e.g. a watchdog of competition. Its goal is to preserve certain rules to avoid practices that are normally deemed “unfair” in the sense that they would provide for market power to that firm engaged in some kind of price control. Of course this is an ideological construct! Just as OPE-L is. But it doesn’t mean it doesn’t exit! A. Agafonow ________________________________ De: GERALD LEVY <> Para: Outline on Political Economy mailing list <> Enviado: sáb,9 abril, 2011 11:28 Asunto: Re: [OPE] free competition > But it is simply not true that "free > competition gives way to monopoly". Any corporate CEO can confirm it. > Free competition and attempts at monopolization exist side by side all > the time. Jurriaan and Paula: It is simply not true that "free competition" exists anywhere in the global capitalist economy today other than under extremely unusual and exceptional circumstances. "Free competition", "free markets", and "free enterprise" are pure ideological constructs - although markets, firms, and competition were arguably more "free" at an earlier point in capitalist history. Those CEOs who blabber about "free competition" and "free market capitalism" et al ad nauseum haven't a clue as to the meaning of these expressions. In solidarity, Jerry _______________________________________________ ope mailing list

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Received on Sat Apr 9 21:59:04 2011

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