Competition Is Ultimately More Beneficial than Detrimental to Society

Competition does contribute to progress in society under most conditions. In the sciences, competition between scientists in the same field will compel every scientist to develop new ideas and to realize the applications of those new ideas more quickly so that as a whole the human knowledge accumulate more quickly and more discoveries and technologies are available for the better life of human being. In economies, practice has proved that the market economy based on competition is more viable than the planned economy, without competitive environment businessmen will lose the most important impetus for developing better products and providing better services, because the impetus is coming from the threatening of their opponents who will share benefits with them and have the opportunity to make them fail to survive in the market competition. …