Basically this issue is showing that Sraffa's 1925 article is correct.  Profits are possible only when some kind of monopolistic condition exists.  Locational advantages, branding, patents, proprietary processes, formal cartel agreements, informal cartel agreements, industrial concentration, monopolistic practices: all these things and more ensure that a competitive market equilibrium will never exist.  Non-compete agreements are specially brutal because of their application against some schmo working a grill in Kansas at minimum wage.The numerous advantages enjoyed by corporations large and small have paved a gigantic highway to domination of the American and global economy by an infinitesimal fraction of the super wealthy elite.  In return, to protect themselves, they have invested billions of dollars in a Non-Stop propaganda machine designed to convince us that any and all publicly minded actions by the state are corrupt.

Basically this issue is showing that Sraffa's 1925 article is correct.  Profits are possible only when some kind of monopolistic condition exists.  Locational advantages, branding, patents, proprietary processes, formal cartel agreements, informal cartel agreements, industrial concentration, monopolistic practices: all these things and more ensure that a competitive market equilibrium will never exist.  Non-compete agreements are specially brutal because of their application against some schmo working a grill in Kansas at minimum wage.The numerous advantages enjoyed by corporations large and small have paved a gigantic highway to domination of the American and global economy by an infinitesimal fraction of the super wealthy elite.  In return, to protect themselves, they have invested billions of dollars in a Non-Stop propaganda machine designed to convince us that any and all publicly minded actions by the state are corrupt.

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