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Aug 9, 2019 at 13:46
Aug 9, 2019
AustrianSchism pinkbikeaudience's article
May 12, 2017 at 11:55
May 12, 2017
Spotted: Gee Atherton Aboard a Trek Session 29er
@codfather1234: Statements such as "businesses respond to consumer demand" are said quite a lot. It's important to realise that it's a half truth. In addition to businesses competing for custom there is also the idea of monopolies and cartels. Both ideas, competition in capitalism and monopolies/cartels in capitalism, must be included in any argument. OPEC is an oil cartel for example. OPEC aims to control the price of oil by owning such a large amount of oil production that it monopolises the market. It has varying success but that's for another essay. Monopolies and cartels aim to avoid competition allowing the companies involved little or no hinderance from competition.
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