"But in capitalist reality, as distinguished from its textbook - TopicsExpress

"But in capitalist reality, as distinguished from its textbook picture, it is not (price) competition which counts but the competition from the new comodity, the new technology, the source of supply, the new type of organization... competition which.. strices not at the margins... of the existings firms but at their foundations and their very lives." -Joseph A. Schumpeter, Capitalism, Socialism and Democracy (1942); cit. Andrew S. Grove, Only the Paranoid Survive.

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