and the times they are a changing. let's make sure they do.
"a basic dictum of microeconomics is that competition drives the price of a good or service down to the marginal cost of the marginal producer. many seem to disbelieve this because they see profit from many producers, but this is generally always because they have some form of pricing power or cost advantage that the marginal producer does not. under assumptions of “perfect competition” as laid out in econ 101, such advantages do not exist. but, obviously, these “perfect” conditions rarely exist in full form. in essence there are 5 requirements:
any market that even modestly approaches this will see a remorseless
https://boriquagato.substack.com/p/new-journalism-and-new-world-order...
A group of top national security experts is sounding the alarm: Canada’s relationship with the Chinese Communist Party (CCP) has crossed from economic engagement into a full-blown democratic threat.
At a Dec. 6 forum in Toronto, former RCMP proceeds-of-crime director Garry Clement called the CCP “the biggest transnational organized crime group ever seen,” warning that Beijing is actively infiltrating Canada’s political, business, and cultural institutions. Through the United Front Work Department, the CCP co-opts elites, business leaders, community organizations, and media outlets—while intimidating and surveilling dissidents “on a daily basis.”
Clement also linked Beijing to the fentanyl crisis, saying the CCP could shut down precursor shipments to Canada “if they really wanted to,” but instead allows the flow as a form of “disruptive warfare,” echoing the tactics of the Opium Wars....