Exact(12)
And will Republicans look to a more subdued form of capitalist competition?
But Hayek's faith in capitalist competition was overzealous: "The trouble with competitions is that somebody wins them".
So much for all that healthy capitalist competition we've been told about, and the consumer's right to pick and choose.
The internecine wars among capitalist states were supposed to arise from capitalist competition and imperialist rivalries, such as those that led to the two world wars.
However, he concludes comfortingly, liberal democracies are not only already hierarchical but work to prevent their excesses by restricting "the workings of capitalist competition".
In fact, we can now see how far the old reforms were subject to erosion by expanding capitalist competition on a global scale.
Similar(48)
Marx maintained that the revolution by which socialism would be achieved was ordained by the logic of capitalism itself, as the capitalists' competition for profits led them to create their own "grave diggers" in the proletariat.
It was the beginning of the financial world, of an aggressive, capitalist, financial competition.
For most of the 20th century, the word "reform" was commonly associated with securing state protections against the chaotic effects of capitalist market competition.
Corporate wealth is becoming more evenly spreadWRITING in "Das Kapital" in 1867, Karl Marx observed that in the capitalist system competition "ends in the ruin of many small capitalists, whose capitals partly pass into the hands of their conquerors".
From Ryan's capitalist perspective, competition always drives prices down.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com