For Reasonably Protected Competition and Economic Regulation by "Atomic Balance"

Authors

DOI:

https://doi.org/10.56580/GEOMEDI0005

Keywords:

Perfect competition, state regulation, free market self-regulation

Abstract

The presented research showed, that the US has the best experience in an evaluating and protecting competition, but there is one essential imperfection in the understanding of perfect competition since the time of the classics of economic theory. This is important to have many competitors, but not very or infinitely many, as traditional "classic" specialists and even some official structures and persons think about fineness of really genius competition.

After pandemic and many conflicts period in modern global development, if we again don't correct this understanding, we can finally damage democracy with science-intensive businesses and help to different dictatorial monopolies.

If in the early years of my research, I considered the main obstacle to effective competition - unscrupulous big business, but now I think that an equally serious problem is the artificial fragmentation of honest and talented big producers.

Only with a reasonably protected competitive environment, by our observation of science-intensive areas of Healthcare Economy and Machine-building Industry, it is possible to organize a reasonable combination of state regulation factors and free market self-regulation.

The factors of regulation and self-regulation should be in non-monopoly equilibrium, like electrons and protons in an atom. Otherwise, as we know from history, we get different dictatorships or great depressions of surplus.

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Published

2023-06-11

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Articles

How to Cite

1.
Lordkipanidze R. For Reasonably Protected Competition and Economic Regulation by "Atomic Balance". MIMM. 2023;23(1):71-84. doi:10.56580/GEOMEDI0005