Schumpeterian competition.
“As soon as we go into details and inquire into the individual items
in which progress was most
conspicuous, the trail leads not to the doors of those firms that work under conditions of comparatively
[atomistic] competition but precisely to the doors of the large concerns — which, as in the case
of agricultural machinery, also account for much of the progress in the competitive sector —
and a shocking suspicion dawns upon us that big business may have had more to do with
creating [the modern] standard of life than with keeping it down” (p. 82).