"Oliver E. Williamson has argued that markets and hierarchical organizations, such as firms, represent alternative governance structures which differ in their approaches to resolving conflicts of interest. The drawback of markets is that they often entail haggling and disagreement. The drawback of firms is that authority, which mitigates contention, can be abused. Competitive markets work relatively well because buyers and sellers can turn to other trading partners in case of dissent. But when market competition is limited, firms are better suited for conflict resolution than markets. A key prediction of Williamsons theory, which has also been supported empirically, is therefore that the propensity of economic agents to conduct their transactions inside the boundaries of a firm increases along with the relationship-specific features of their assets."
Competition is a rivalry where two or more parties strive for a common goal which cannot be shared: where one's gain is the other's loss. Competition can arise between entities such as organisms, individuals, economic and social groups, etc. The rivalry can be over attainment of any exclusive goal, including recognition.
"The dominant culture of the world teaches us that The Other is a threat, that our fellow human beings are a danger. We will all continue to be exiles in one form or another as long as we continue to accept the paradigm that the world is a racetrack or a battlefield."
"Capitalist-private property relations are the source of class inequalities, which is the primary factor in my being a member of a class that bears all the burdens of society without enjoying its advantages. Under the influence of illegitimate-capitalist values, I was pursuing the alleviation of social-economic hardship through individual advancement. This is a wholly inadequate remedy to social problems because it doesn’t challenge the fundamental injustice of class-exploitation and class-oppression, which are responsible for creating the socio-economic ills in the first place. Unaware of my class interest, I was perpetuating my own oppression by engaging in competitive capitalist practices that ensure the smooth functioning of the system as the exploiting minority profits in more ways than one off the division and disunity engendered by competition, so prevalent amongst the exploited. Look around: competition, euphemistically called “individuality,” permeates and is systematically promoted to the masses of people while the corporate conglomerations and Fortune 500 are busy “merging and monopolizing.”"
"I have an idée fixe that I am completely obsessed with on the business side — which is that if you are starting a company, if you are the founder entrepreneur starting a company, you always want to aim for monopoly. ... And you want to always avoid competition. ... Hence competition is for losers. ... What makes a business valuable? ... A business creates X dollars of value and captures Y% of X. X and Y are independent variables."
"In previous ages a nations life and culture could be protected to some extent by the growth of armies in national competition. Today we must abandon competition and secure cooperation. This must be the central fact in all our considerations of international affairs; otherwise we face certain disaster."
"Thou shalt not covet, but tradition Approves all forms of competition."
"Competition is not only the life of trade, it is the trade of life — peaceful when food abounds, violent when the mouths outrun the food. Animals eat one another without qualm; civilized men consume one another by due process of law."
"As long as you keep getting born, it’s okay to die sometimes."
"The smart way to keep people passive and obedient is to strictly limit the spectrum of acceptable opinion, but allow very lively debate within that spectrum - even encourage the more critical and dissident views. That gives people the sense that theres free thinking going on, while all the time the presuppositions of the system are being reinforced by the limits put on the range of the debate."
"History is a strange experience. The world is quite small now; but history is large and deep. Sometimes you can go much farther by sitting in your own home and reading a book of history, than by getting onto a ship or an airplane and traveling a thousand miles. When you go to Mexico City through space, you find it a sort of cross between modern Madrid and modern Chicago, with additions of its own; but if you go to Mexico City through history, back only 500 years, you will find it as distant as though it were on another planet: inhabited by cultivated barbarians, sensitive and cruel, highly organized and still in the Copper Age, a collection of startling, of unbelievable contrasts."
"As soon as a thought or word becomes a tool, one can dispense with actually ‘thinking’ it, that is, with going through the logical acts involved in verbal formulation of it. As has been pointed out, often and correctly, the advantage of mathematics—the model of all neo-positivistic thinking—lies in just this ‘intellectual economy.’ Complicated logical operations are carried out without actual performance of the intellectual acts upon which the mathematical and logical symbols are based. … Reason … becomes a fetish, a magic entity that is accepted rather than intellectually experienced."
"Our feminist culture at the present moment is completely dependent on capitalism. My grandmother was still scrubbing clothes on the back porch on a washboard!"
"A word of the faith that never balks, Here or henceforward it is all the same to me, I accept Time absolutely. It alone is without flaw, it alone rounds and completes all, That mystic baffling wonder alone completes all. (23)"