The drive to maximize profits ("surplus value") inherently leads to a struggle over wage levels and labor effort.
Competition acts as a form of "economic warfare" where producers constantly attempt to lower costs through wage reduction, technological innovation, and increased efficiency. Capitalism: Competition, Conflict, Crises
Firms are not price-takers; they are active rivals struggling for market share. The drive to maximize profits ("surplus value") inherently
Competition shapes global patterns of trade, finance, and investment, reinforcing imbalances between developed and developing economies. Competition shapes global patterns of trade, finance, and
Real competition creates intense conflict between companies, industries, and nations, as producers fight for a share of the total global profit.
Prices and profit rates do not stay equalized; rather, they fluctuate continuously around a moving, "gravitating" center. 2. Conflict in Capitalist Dynamics
Conflict is seen as a foundational element, not an anomaly, of the capitalist system.