Companies “Getting Their Share of the Pie”?

Whatever you call it, a growing number of companies are beginning to see better times ahead — and are taking steps to ensure that they get their share of the pie.

Kind of a misleading formulation of commerce by economist  Irwin Kellner.  Firms and people do not fight for slices of a fixed size economy in a capitalist economy.  They do so in a politicized economy.

If a firm wins new sales, losing firms did not lose business.  They just did not grow and create new wealth.  If a firm takes away sales from an another firm, the latter did indeed lose wealth.  But that is the result of the winning firm providing a better value proposition.  In both cases, overall wealth is created, the customer benefits, and the broader society benefits.

In any case, Mr. Kellner is describing recent positive economic developments.


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