Jim Stanford, Economics For Everyone (2008), Part 3, Chapter 11, Competition, p. 129
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Competition-ruthless, unforgiving, to-the-death competition-is a crucial feature of capitalism.
— Jim Stanford on Capitalism
What It Means
This is a placeholder explanation generated by the low-overhead model. It interprets "Competition-ruthless, unforgiving, to-the-death competition-is a crucial feature of capitalism." in the context of "Jim Stanford, Economics For Everyone (2008), Part 3, Chapter 11, Competition, p. 129" to mean that wisdom is timeless.
Source: Wikiquote: "Capitalism" (S)
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About Jim Stanford
Jim Stanford is the resident economist for the Canadian Auto Workers and founder of the Progressive Economics Forum. He holds a Master’s degree in Economics from Cambridge University, and a Ph.D. from the New School for Social Research.
About Jim Stanford
Jim Stanford is the resident economist for the Canadian Auto Workers and founder of the Progressive Economics Forum. He holds a Master’s degree in Economics from Cambridge University, and a Ph.D. from the New School for Social Research.
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