“The truth is that economic competition is the very opposite of competition in the animal kingdom. It is not a competition in the grabbing off of scarce nature-given supplies, as it is in the animal kingdom. Rather, it is a competition in the positive creation of new and additional wealth.”

—  George Reisman

Capitalism: A Treatise on Economics (1996)

Adopted from Wikiquote. Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "The truth is that economic competition is the very opposite of competition in the animal kingdom. It is not a competiti…" by George Reisman?
George Reisman photo
George Reisman8
American economist 1937

Related quotes

“The loyal follower of Jesus will stand in opposition to war as a means of settling differences between nations. He will be unalterably opposed to the ruthless competition and merciless rivalry of our present autocratic and capitalistic system. He will condemn vigorously the enslaving of the poor by the rich, the oppression of the weak by the strong. He will seek to replace the present Kingdom of Competition and Profits by the ideal Kingdom of Cooperation and Service.”

Kirby Page (1890–1957) American clergyman

Source: Something More, A Consideration of the Vast, Undeveloped Resources of Life (1920), p. 72

Nassim Nicholas Taleb photo

“A competitive athlete is painful to look at; trying hard to become an animal rather than a man, he will never be as fast as a cheetah or as strong as an ox.”

Nassim Nicholas Taleb book The Bed of Procrustes: Philosophical and Practical Aphorisms

Source: The Bed of Procrustes: Philosophical and Practical Aphorisms (2010), p. 41

“The relation between experimentalists and theorists is often one of healthy competition for truth and less healthy competition for fame.”

Alvaro De Rujula (1944)

What is a "theoretical physicist"? http://public.web.cern.ch/public/en/People/Theorists-en.html at CERN Public Web.

Todor Zhivkov photo

“Competition principle does not mean a competitive edge, comrades.”

Todor Zhivkov (1911–1998) communist head of state of the People's Republic of Bulgaria

Source: Използван в статия на politika.bg http://politika.bg/article?sid=&aid=3816&eid=57

Karl Marx photo

“In short, competition has to shoulder the responsibility of explaining all the meaningless ideas of the economists, whereas it should rather be the economists who explain competition.”

Karl Marx book Das Kapital

Vol. III, Ch. L, Illusions Created by Competition, p. 866.
Das Kapital (Buch III) (1894)

Michael E. Porter photo

“The essential complement to the path-breaking book Competitive Strategy, Michael E. Porter’s Competitive Advantage explores the underpinnings of competitive advantage in the individual firm.

 Competitive Advantage introduces a whole new way of understanding what a firm does. Porter’s groundbreaking concept of the value chain disaggregates a company into “activities,” or the discrete functions or processes that represent the elemental building blocks of competitive advantage.”

Michael E. Porter (1947) American engineer and economist

Competitive Advantage, 1985

“The only way to beat the competition is to stop trying to beat the competition.”

W. Chan Kim book Blue Ocean Strategy

Source: Blue Ocean Strategy, 2005, p. 4 (2016 extended edition)

“Competition-ruthless, unforgiving, to-the-death competition-is a crucial feature of capitalism.”

Jim Stanford (1961) Canadian economist

Part 3, Chapter 11, Competition, p. 129
Economics For Everyone (2008)

Paul Krugman photo

“So let's start telling the truth: competitiveness is a meaningless word when applied to national economies. And the obsession with competitiveness is both wrong and dangerous.”

Paul Krugman (1953) American economist

Pop Internationalism (1996), Competitiveness: A Dangerous Obsession (1994)

Related topics