billy the squid wrote...
For instance, the current competition between Nvidia and ATI, both target the same segment, but sub divisions within the market are catered to on a more specific level. Nvidia seems to be the undoubted technological leader in this area, at least for the moment, but the cost tends to be higher, yet the association of the product with performance and quality is ingrained within the psychology of how it is marketed, cutting edge consumer technology, but for a price. And it must continue that advancement, its competition, ATI, tends to favour affordability over the higher tech products of Nvidia, yet itself continues to push forward when advancing technologically. Thus the competition drives that advancement.
But these cartels (agreements between oligopolies), are specifically tailored to maintain the status quo and do not give room for a *major* breakthrough. This is the same situation between Apple and Microsoft. It's true that competition might have led to more incentive to develop and experiment. But what we must realize is that our societies do not operate on "Free and Fair competition", in large part due to cartels between oligopolies that are there to maintain a certain balance and status quo (in other, due to the power of brand that often ends up substituting for quality). Advancements are there, but it's more or less slow and not the kind of breakthrough that would alter humanity's future.
I argue that oligopolies tend to agree more than compete (and if they do compete, they do so in underhanded ways, and not freely and fairly). And that's what impedes progress, imo.
The issue with the energy sector is that there is still sufficient, materials to prevent a niche market develop. Although there has already been a gradual shift to nuclear power in Europe, in France at least and the UK, due to our geo political reliance on foreign nations for resources, with development of fussion, being done, to make it affordable on a mass scale. Whilst pharmaecuticals, the patents of certain drugs only last a limited period, where by after expirey any company can use the formulae and produce rival products, thus why companies within the sector seem to be looking for the new treatment or cure for aillments.
That's exactly short term thinking that impedes progress, and the kind of thinking the vast majority of corporations, in this case the energy sector, are guilty of. France's nuclear project is state driven / initiated (De Gaulle specifically kickstarted it and it was an important question in the recent French elections. It's heavily political). I would argue that corporations would not have done such a thing out of their own volition, at least not before a few decades.
I am not as knowledgeable on pharmaecuticals than the energy or other sectors. But it was my impression medical research is not being funded as well as it should be. In part because it might compromise current medications, in other part because the results are far from beign certain and there is no guarantee that this research could result in a lucrative product. Which is not to say that advancement and research are not being made, just that I think it's being limited. And were it not for states who fund research and development, I doubt corporations would until the very last moment, and they would end up establishing cartels to create another status quo.
However, the problem is obviously that obviously this requires the more simple consumerist products to fund, which is why so many companies have a huge range of cheap products to sell on, yet the market leaders also have some very well funded research and development departments. Both privately and government funded. But, they are obviously far smaller than other sectors.
Yes, and that imo is a problem, and that's why I am skeptical with the idea that corporations can speardhead progress on a massive scale. Examples of that happening is far in between, and they would be lacking the context of states being weakened and corporations having free rein, which would not make them very pertinente examples.
It is not a perfect system by any means, monopolies cause stagnation and tend to be guilty of the most shallow development, simply as they don't require it. Oligopalies are also a problem, yet it relies upon the parties agreeing, without trying to backstab one another.
Yes and it is that agreement that I think could very well end up impeding progress.
And in Deus Ex, of course they backstab each other, Tai Yong Medical being the prime example. That is also a risk. That their competition ends up being focused more on backstabbing than actual rise of quality in product. With the decline of states and the rise of PMCs, competition between oligopolies could become much more violent.
I agree that monopolies are dangerous unless controlled by an actual visionary (in fact, the lack of competition might encourage the monopoly to take mucch more risks). But imo, oligopolies could be as dangerous.
Of course states are not immune of that problem either.
I think the Illuminati (power behind the throne kind of organization), is immune to a lot of these weaknesses, but is of course mired with problems of its own. Hence me saying that all endings in Deus Ex are far from being optimal.