Cooperation, And Not Competition, Is Our Thermodynamic Future

Joined
May 26, 2016
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406
Ar e you sure you know what you are talking about? No economist would call two people bidding on a plot of land cooperation. Partnering up and buying the land together would be cooperation. There are no semantics involved.

It's "price competition," but it's cooperation in that it's taking place in a western market-based democracy and not under, say a socialist dictatorship. This is Econ 101, folks.
 
Joined
May 26, 2016
Messages
406
Price competition is a completely different subject.

Well, people earlier in the thread were throwing the words, "competition" and "cooperation" around (within an economic context), and they weren't clearly defining them. It's like saying "carbs," and not getting any more specific than that when discussing nutrition. It's an ineffective way to communicate. And it leads people to think you might be trying to obfuscate the topic.
 
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