“In some form or other the rivalry of men will continue to be employed as an instrument of the general welfare. It is not important that the arrangements which currently are set down as the competitive system will endure. It is important that the spirit of competition shall be enhanced and not impaired. There must be an outlet for the creative urge, free play for the dynamic drive. In a society, as in the physical world, motion is inseparable from life.”

Walton H. Hamilton (1957), The politics of industry, p. 168-69; as cited in: Arnold, Thurman. " Walton Hale Hamilton https://www.jstor.org/stable/794455." The Yale Law Journal 68.3 (1959): 399-400.

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 "In some form or other the rivalry of men will continue to be employed as an instrument of the general welfare. It is no…" by Walton Hale Hamilton?
Walton Hale Hamilton photo
Walton Hale Hamilton 5
Yale Law Professor 1881–1958

Related quotes

Samuel Bowles photo
Gérard Debreu photo

“Perhaps as important is the relation between the existence of solutions to a competitive equilibrium and the problems of normative or welfare economics.”

Gérard Debreu (1921–2004) French economist and mathematician

Arrow, Kenneth J., and Gerard Debreu. " Existence of an equilibrium for a competitive economy http://cowles.econ.yale.edu/P/cp/p00b/p0087.pdf." Econometrica: Journal of the Econometric Society (1954): p. 265

Kenneth Arrow photo

“Perhaps as important is the relation between the existence of solutions to a competitive equilibrium and the problems of normative or welfare economics.”

Kenneth Arrow (1921–2017) American economist

Source: 1950s-1960s, "Existence of an equilibrium for a competitive economy." 1954, p. 265

George Fitzhugh photo
Jacque Fresco photo

“Competition is dangerous, socially offensive, considered right and normal, because you are brought up to that value system. What kind of competition did Jesus have? What kind of competition is there in your body? Suppose your brain said, "I'm the most important organ!" And the liver said, "I am. And I want a Free Enterprise system!"”

Jacque Fresco (1916–2017) American futurist and self-described social engineer

You'd rot away in a month if every organ of your body went out for itself.
1974 Larry King Interview https://www.youtube.com/watch?v=RVOPkGAtt48

Max Beckmann photo
George W. Bush photo
Oliver Wendell Holmes Jr. photo

“Free competition is worth more to society than it costs.”

Oliver Wendell Holmes Jr. (1841–1935) United States Supreme Court justice

Vegelahn v. Guntner, 167 Mass. 92, 44 N.E. 1077, 1080 (1896) (Supreme Court of Massachusetts, Holmes dissenting).
1890s

Thomas Jefferson photo
Umair Ahmad photo

“Competition reduces people's creativity. And the trend of copying is increasing. Ungratefulness comes from comparison, and comparison comes from competition.”

Umair Ahmad (1997) Businessman

Speaking to journalist Iftikhar Ahmad (December 2017) as quoted in Media Imperialism in India and Pakistan (2019) by Farooq Sulehria, p. 59

Related topics