Competition

Notes

Competition is when each person tries to gain something at the expense of another Cooperation. This results from a Zero sum thinking, that either I get something or they do, but not both. This is the core logic behind Capitalism, because allegedly competition brings the best of us, it forces us to improve, to focus on our Competitive Advantage, which results in a richer (in terms of purchasing power and alternatives) economy.

Visual

Overview

🔼Topic:: Economics (MOC) ↩️Origin:: 🔗Link::

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