Jim: > Each corporation wants to out-WalMart WalMart...
Now, I need to go back to my cleaning, but I must say this: I don't think so! Out-Walmarting Walmart is not what each corporation wants. What they appear to want is no Walmarts but them. Was it not what monopoly capitalism of Baran and Sweezy was about? Were those two guys stupid because they claimed that? If there is monopoly, or even oligopoly, in a market, what you get are rents! In the presence of non-oligopolistic competition, profits go to zero! Who are these crazy corporations that prefer profits over rents? Best, Sabri _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
