I like the idea of liberty as a criterion to judge if cooperation or competition is excellent. An application I want to explore is that of monopolies, and if focusing too much on competition will stunt companies from cooperating. Here's an interesting article about why companies should not be prevented from cooperating any more than they should be prevented from competing. (Side note: free market = unrestricted competition, yes, but it goes without saying that cooperation is [or should be] unrestricted as well.)
So that's part of what it's about. It also contains some clarification on what exactly is a monopoly and if cartels are a problem. A quote from the article: "As long as competition is free, unhampered by governmental restrictions, no universal cartel could either exploit labor or remain universal for any length of time."
Now I wonder if posting my ideas and/or research is rendering me uncompetitive.
2 comments:
It fosters more competition, because the sharing of ideas like this makes people better prepared to debate and argue . . . right now my brain is fried . . . but I'll think about these ideas (and the one in the last post) more later.
I'll agree with Michael; cooperation while sharing ideas can make people more competitive.
I enjoyed this article very much. It put a firm stance that cooperation should not really be removed in the free market; if it did, the market would (normally) eliminate the monopoly or cartel forming.
I did find one interesting point, however; this article is mostly theoretical. There is no way to show that this would work in the real world. Competition is not perfect; if a monopoly did form, we cannot be sure that it would be eliminated by competition alone.
More posts coming soon...maybe...
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