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RE: Scarcity, Competition & Survival

in LeoFinance3 years ago

Competition, including artificial competition, is the wife of capitalism. It can be reduced (not defeated) by means of centralization, which is possible under socialism. However, having spent my childhood in a socialist state, I can say that the presence of centralization leads to a deficit. At first glance, a hopeless situation. However, competition opens up talents. But probably when this is an unhealthy process and a large % of the population suffers from it, the price for talent turns out to be too high