The Absence of Systemic Competition

Source: Niskanen Center
by Brink Lindsey

“The prime mover of technological and social progress – just as for biological evolution – is variation. Different cultures, rubbing up against each other, trading with each other, invading each other; different political orders, wrestling for mastery and searching for some source of economic or military advantage; different companies, competing for consumer dollars and striving to cut costs. … But as it has spread around the planet, capitalism has been reducing the external sources of the cultural and institutional variety out of which it emerged. Yes, the system’s growing complexity of specialization and exchange has produced astonishing internal variety …. But this is variety within a particular kind of social order. And that particular kind of social order is now the only game in town.” (01/17/23)