notices - See details
Notices
JV
Jason Voss, CFA (not verified)
14th July 2014 | 8:44am

Hello Pravin,

Thank you for clarifying what you meant; it is much appreciated.

I am sorry to give the impression that I think businesses ought to cooperate with one another. That is illegal due to anti-trust regulations. What I was intending by my post was to point out that cooperative solutions are just as valid as competitive ones. In other words, I see capitalism as having equal parts cooperative and competitive aspects, but capitalism is instead thought of as solely about competition. When capitalism is then held up as a model of social policy, or worse it shapes the minds of how newly minted business people think about the world, then I think it is a problem. I hope this clarifies my point of view.

With smiles,

Jason