Re:How Economic Gobbledygook Divides Us
by soVeryTired on Monday November 07, 2016 @09:40AM
(#12891288)
That's a fair point. I can partly get behind that argument, but it does make some assumptions - for example, that barriers to entry for most industries are low, and that other industrial players won't attempt to drive out new entrants.
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Re:How Economic Gobbledygook Divides Us
by marcosdumay on Monday November 07, 2016 @10:11AM
(#12891630)
Barriers to enter are a kind of competitive advantage. According to the model, it will lead to concentration of this kind o industry on the places it is already established, and the migration of other kinds of industry to the other places.