Does Competition Hold Us Back?

Nov 20, 2017 · 30 min · Season 1 · Episode 75 · 21.7 MB

0:00-30:08

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In her book ‘Capitalism’s Toxic Assumption’ Eve Poole suggests competition can other be more destructive rather than a positive contributor to the economy. In this edition of The Debunking Economics Podcast Phil Dobbie talks to Prof. Steve Keen about scenarios where competition is more of a hinderance than a help. Can the competition regulator sometimes get in the way of initiatives that would be for the public good? Is there a mindset change required on how companies operate and work together?

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