Competition: Difference between revisions

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Competition is in sharp contrast with [[sharing]]. It is about people rivaling for power or resources. It is a very inefficient way for allocating [[resources]]. Competition is at the heart of an economic system also referred to as [[Capitalism]].  
Competition is in sharp contrast with [[sharing]]. It is about people rivaling for [[power]] or resources. It is a very inefficient way for allocating [[resources]]. Competition is at the heart of an economic system also referred to as [[Capitalism]].  


Competition is also closely linked to [[scarcity]], which among humans is a social construction.
Competition is also closely linked to [[scarcity]], which among humans is a social construction.

Revision as of 10:37, 16 April 2011

Competition is in sharp contrast with sharing. It is about people rivaling for power or resources. It is a very inefficient way for allocating resources. Competition is at the heart of an economic system also referred to as Capitalism.

Competition is also closely linked to scarcity, which among humans is a social construction.