What a warped economics of competition!

It’s just common sense! However, and unfortunately so, common sense is not common at all.

 

Look at the human race, it was created by cooperation not competition. No matter how much science has advanced, male and female cooperation is needed to produce a living embryo to be born as human.

 


Observe how lasting edifices are constructed, a lot of human cooperation delivers the masterpiece. From the skilled architect to the crude mason man, partnership is always required to build to last.

 

Take a peep into the world’s ecosystem; the animals that once competed to survive are now mostly extinct. For every human to remain alive and thrive they need to breathe out carbon dioxide and breathe in oxygen, while plants give out oxygen and take in carbon dioxide. We live as long as we share.

 

It is cooperation and partnerships that sustain plants and animals. Likewise, what started the human race is what will grow, develop and sustain it, cooperation and partnerships.

 

The economics of competition which we have preached for so long (I also plead guilty!) has done more harm than good to the planet and very nature of humanity. The traditional business firm, whose objective is primarily profit maximization, has done more harm than good to the planet and culture of humanity.

 

Please do check the case history of business, law and governance across the world and see for yourself what individuals, firms and governments have done for the sole sake of personal and/or corporate profit.

 

A primary drive for profit and survival erodes the good in our humanity and brings out the latent evil in it. I tire of this gospel of competing to survive and profit!

 

I am rethinking the economics of this planet called earth, it has to be around cooperation not competition. Only the right kind of cooperation can and will save this planet. Although the gains from competition are sweet and have done some good to the world, cooperation can bring the most good to the world.

 

In interim, my vote is ‘P’ for partnerships to save this planet’s economics!

 

What do you think?

Please feel free to share your thoughts in the comments section below. Thank you!

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