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Alternative to capitalism (((Zero marginal cost revolution (Competitive…

- - - - Assume competitive market #
    - - Products almost free
      - Competitive markets drive productivity up, marginal costs down
        
        Lange & Keynes
        
        information age
        
        emerged from 60s + 70s
- - - - corroding normal operation of price mechanism: supply demand irrelevant
        
        monopolies?
        
        new mode of production beyond capitalism?
      - social value instead of physical cost
  - - - redistribution of wealth and power,
        more sustainable (common based peer prod.)
      - decentralized