In Competition, Ultimately, Everyone Loses

From From the Trees to the Stars

The Naive Theory of Competition is that through repeated competition against each other, the pool of competitors become better, and that ultimately the best competitor prevails.

Competition doesn't inherently promote improvement. It encourages specialisations, uniquely suited to surviving the current set of threats and exploiting the current circumstances.

Competition wastes effort and resources that could otherwise be spent in the pursuit of more worthwhile goals.

Competition promotes selfishness and greed.

In a closed and stable ecosystem, competition leads to over-specialisation, homogeneity and, ultimately, to fragility.

Democracy and Capitalism both derive from the Naive Theory of Competition and are therefore both deeply flawed.