The vehicle of political competition began
as the nation, then continued as the empire. Economically, the vehicle
of competition has become the profit-seeking business corporation,
backed politically and often subsidized economically by the nation or
empire.
As western civilization has developed, nations and empires have tended
to form more or less permanent alliances. Business corporations likewise
have tended to establish conglomerates which include widely divergent
businesses, some limited to one nation or empire, some international.
Historically, the present-day business community developed out of a
segmented European feudal society as a protest against political
restrictions. Its early key-note was laissez-faire--freedom of
businessmen to make economic policy and accumulate profits. The
practical outcome of laissez-faire economy has been monopoly or finance
capitalism functioning through the sovereign state or empire.
Marxian socialism-communism, organized and developed largely since 1848,
has grown up as a rebellion against monopoly capitalism. At it matured,
after revolutions in Mexico, China, Tsarist Russia and East Europe, it
became an alternative and even a competitive life style. Marxism has
been, at least in theory, cooperative rather than competitive. Its
objective has been not private profit but a higher standard of economic
and social life for exploited masses of the business community and of
the Third World.
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