Friendly competition can be good as well, because that may be encouraging to think differently and explore new ways of solving a problem, to avoid hitting a local optimum.
But it needs to friendly in the sense that you also cooperate when relevant, sharing what works and what doesn’t.
Competition is just as innate in humans as cooperation is. We don’t need to venerate one over the other, let alone embrace an economic ideology that doesn’t even acknowledge the other.
Take sport as a case study. There are both elements at play and nobody questions the need for both.
Or take a less friendly example like academia, where competition is nothing but a hindrance.
Also it requires cooperation way more than competition.
Friendly competition can be good as well, because that may be encouraging to think differently and explore new ways of solving a problem, to avoid hitting a local optimum. But it needs to friendly in the sense that you also cooperate when relevant, sharing what works and what doesn’t.
Competition is just as innate in humans as cooperation is. We don’t need to venerate one over the other, let alone embrace an economic ideology that doesn’t even acknowledge the other.
Take sport as a case study. There are both elements at play and nobody questions the need for both.
Or take a less friendly example like academia, where competition is nothing but a hindrance.
Markets should be an obvious case too.
Happy to expound if you need me to.
I got you. We form a price setting cartel and gouge out any new competitor emerging if necessary.
-Big Corp