Home > Topic > economic competition
1 " It's not that racism doesn't exist. Lots of people in New York, and elsewhere, hate because of color and gender, religion and national origin. It's just that I rarely worry about those things because there's a real world underneath all that nonsense; a world that demands my attention almost every second of the day. Racism is a luxury in a world where resources are scarce, where economic competition is an armed sport, in a world where even the atmosphere is plotting against you. In an arena like that racism is more of a halftime entertainment, a favorite sitcom when the day is done. "
― Walter Mosley , All I Did Was Shoot My Man (Leonid McGill, #4)
2 " History, practical experience, common sense and economic theory all agree: economic competition is probably one of the greatest ideas humans ever came up with. When people compete to achieve the same goal, great things seem to happen that otherwise would not. Things get done faster, cheaper, and better; new methods for lifting a weight or quenching a thirst are invented; the average guy ends up with more of the stuff he likes at a lower price than before. That is why, in the end, socialism collapsed like a rotten wall: it did not allow its people to compete and, as a result, it not only made their economic life miserable, but strangled their hearts and souls. "
3 " Whoever claims that economic competition represents 'survival of the fittest' in the sense of the law of the jungle, provides the clearest possible evidence of his lack of knowledge of economics. "