Competition, Conflict, Crises | Capitalism:
The market is not regulated by an "invisible hand" ensuring efficiency, but by the most efficient producers ("regulating capitals") who establish the low-cost price-point, forcing others to adapt or die.
Prices and profit rates do not stay equalized; rather, they fluctuate continuously around a moving, "gravitating" center. 2. Conflict in Capitalist Dynamics Capitalism: Competition, Conflict, Crises
Competition shapes global patterns of trade, finance, and investment, reinforcing imbalances between developed and developing economies. The market is not regulated by an "invisible
Conflict is seen as a foundational element, not an anomaly, of the capitalist system. they fluctuate continuously around a moving