The first dimension is called "competition," and it refers to that aspect of an economic system in which exchanges of one sort or another play the most important part. In capitalism, of course, competition and exchange occur primarily in markets.


p. 54 - Understanding Capitalism: Competition, Command, and Change, 2005


The first dimension is called competition, and it refers to that aspect of an economic system in which exchanges of one sort or another play the most ...

The first dimension is called competition, and it refers to that aspect of an economic system in which exchanges of one sort or another play the most ...

The first dimension is called competition, and it refers to that aspect of an economic system in which exchanges of one sort or another play the most ...

The first dimension is called competition, and it refers to that aspect of an economic system in which exchanges of one sort or another play the most ...