Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How Do You Debunk The Ideology That Market Competition Produces Excellence?

0
Posted

How Do You Debunk The Ideology That Market Competition Produces Excellence?

0

Sure, market competition can often eventuate in the development of a better widget, a better drug, or even a better way to clean toilets. However, equating products and technology with excellence generally speaking is a dubious enterprise indeed. In this article you will learn how to see through the ideology that market competition produces excellence. Notice that excellence is a relative term. Excellent in what manner exactly? Well if we mean excellent technology, then America seems to outpace the rest of the world on some (though probably not all) fronts, especially regarding technologies related to advanced physics and space exploration. We also lead the world in Gross Domestic Product. But a lot of the excellence stops here. Take note of these facts about how we’re failing at “The Bottom.” America leads the world in both number of incarcerated persons and incarcerated persons per capita. Nearly half of all prisoners are held in the United States! We’re not remotely at the top regar

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123