Competition is Great, but not Perfect :: essays papers

Competition is Great, but not Perfect In the United States today, the economy is one of the most important things to stabilize and maintain. The economy is this capitalistic nation in a way. As the economy has gone over the many years, so has the country. A good example of that is the Great Depression; everyone in the United States was doing great with the Bull Run of the market and the abundance of jobs. Then things started to change for the worst; the economy fell out with the great crash of the bare stock market and along did the people. Everything crumbled like stale bread, including people lives and families. Not until businesses rebuilt themselves and competition returned that the economy finally turned around. The country and the people, upon whose backs’ it rests finally, turned around also, pulling out of the Great Depression and returning this nation to its greatness. In the article â€Å"Competition is Great Game Plan, but not Perfect,† the author M. Ray Perryman states that the economy is doing well due to the competition between companies and firms as the title might indicate (Perryman 1). Although he states that the competition which fuels our economy has problems, like creating monopolies and companies that dominate markets, identifying them early and becoming aware of them we will be able to keep our economy on the path that it is on (1). Mr. Perryman supports this claim by using such strategies as common sense in his reasonability, relevance, and confidence by using his own voice in this successful essay. In speaking to the American public through his article, Mr. Perryman uses the rhetorical strategy of common sense and reasonability when he states such things as, â€Å"It (competition) lowers prices, enhances consumer choice, promotes innovation and forces us to use our scarce resources very efficiently† (1). This strategy works for him in because it makes a lot of sense that competition would do these things for us. Companies competing for business must always try to undercut the opponent’s prices and costs, with this more choices will be created. Another example of Perryman’s use of the common sense rhetorical strategy is when he states, â€Å"The information and technology revolution of today, which I believe to be in its infancy, is creating a wider gap between the ‘haves’ and ‘have nots’ and is likely to eliminate or greatly reduce the need for many relatively unskilled occupation (and more than a few skilled ones) over the nex t few years† (2).