Competition Is The Only Sanctioned Involuntary Transfer

The ethics of competition. From another piece I’ve been writing.

“[C]ompetition” itself, as we use the term, is the normative sanction of external involuntary transfer by an artificial, counter-intuitive, set of rules we call the market, consisting of voluntary transfer of goods and services, by fully informed consensual exchange, and insured as fully informed and consensual by warranty, at the cost of opportunity and investment to other producers of similar goods, in an effort to coerce producers to innovate in their use of resources, to produce goods for all at lower price, or higher quality, in an effort to produce goods and services at the lowest cost and highest quality for all consumers participating in that set of normative rules that comprise that market, and which we in turn call ‘a society’.

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