Schumpeterian competition.
“… competition from the new
commodity, the new technology, the new
source of supply, the new type of organization (the largest-scale
unit of control for instance) — competition which commands a
decisive cost or quality advantage and which strikes not at the margins
of the profits and the outputs of the existing firms but at their
foundations and their very lives. This
kind of competition is as much more effective than the other as a
bombardment is in comparison with forcing a door, and so much more important that
it
becomes a matter of comparative indifference whether competition
in the ordinary sense functions more or less promptly; the
powerful lever that in the long run expands output and brings down
prices is in any case made of other stuff” (pp. 84-85).