Friday, December 2, 2011

Wal-Mart is Larger than Norway: Exposing the Myth of Capital Competition | NationofChange

Wal-Mart is Larger than Norway: Exposing the Myth of Capital Competition | NationofChange:

" Any epoch of cap­i­tal­ism al­legedly premised on com­pe­ti­tion is vis­i­ble only from the rearview mir­ror. It is a left­ist tru­ism that in the process of com­pe­ti­tion, cap­i­tal­ism de­stroys com­pe­ti­tion. Com­pe­ti­tion, there­fore, is trans­formed into its op­po­site: mo­nop­oly. Cap­i­tal­ism no longer sur­vives by en­larg­ing com­pe­ti­tion, but rather through its re­duc­tion."


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