All about: competition

The Invisible Hand
I think I'm chewing on the same kind of formula. The "invisible hand" should optimize economic transactions in society. Smith, and later Hayek, understood that an exploited working class doesn't have the basic liberty to vote with their money, so they suggested basic human needs would be taken care of, and then people can participate ...
Healthy competition
One assumption most people accept is that competition is always a good thing. When we talk about competition, we assume a scarcity of resources that can't be shared and are fought over by individuals or groups. In this sense, competition is the natural state of organisms, from which they can only evolve if there is ...
SEO and the marketplace

What does the existence of "SEO-optimization" tell us about the phase of our civilization? How do we read it? Is it building up to something much more invasive and radical, or is it the harbinger of inevitable decline or collapse? First, is this occupation structurally new? Haven't people always tried to make themselves and ...