Capitalism: Competition, Conflict, — Crises

Competition acts as a form of "economic warfare" where producers constantly attempt to lower costs through wage reduction, technological innovation, and increased efficiency.

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. Capitalism: Competition, Conflict, Crises

Conflict is seen as a foundational element, not an anomaly, of the capitalist system. Competition acts as a form of "economic warfare"

The drive to maximize profits ("surplus value") inherently leads to a struggle over wage levels and labor effort. not an anomaly