1. World problems
  2. Unbridled competition

Unbridled competition

Presentable
  • Dependence on competition
  • Competitiveness
  • Rivalry
  • Blocked action due to rivalries

Nature

Competition results from the struggle for existence and for livelihood. The action of trying to gain what others are trying to gain at the same time may be either unconscious or conscious. As it becomes self-conscious it tends to pass over into social conflict. Despite widespread acclaim, competitiveness is far from being an efficient and effective response to the present problems and opportunities of individual societies and of the new world order. The most striking result of the ideology of competition is that, in addition to its devastating social effects, it generates a structural distortion in the functioning of the economy itself. Most evident is that international economic competition has effectively become a competition in the elimination of jobs and the reduction of living standards. Success is in such competition is achieved by sacrificing the interests of the most vulnerable. Furthermore, if everybody competes against everybody, the value of competitiveness is ultimately lost and sooner or later the system will collapse. Competitiveness reduces the diversity within the system by eliminating those unable to resist the dominant forces thus contributing to social exclusion. The ideology of competition either ignores or devalues cooperation, or it instrumentalizes it to its own logic, as in the case of the great majority of interfirm cooperative and strategic alliances. Competitiveness reduces the entire process of the human and social development to the perceptions, motivations and behaviour of "homo economicus".

Background

The problem of unbridled competition gained prominence during the Industrial Revolution, as rapid economic expansion exposed the destabilizing effects of unchecked rivalry among businesses and nations. By the early 20th century, economists and policymakers increasingly recognized its role in fostering monopolies, social inequality, and resource depletion. Globalization in the late 20th century further highlighted the phenomenon, prompting international debates on regulatory frameworks to mitigate the adverse consequences of relentless competitive pressures across markets and societies.This information has been generated by artificial intelligence.

Incidence

Unbridled competition has manifested across global markets, leading to aggressive price wars, erosion of industry standards, and the marginalization of smaller enterprises. This phenomenon is particularly evident in sectors such as technology, agriculture, and retail, where relentless rivalry often results in unsustainable business practices, job insecurity, and reduced product quality. The scale of the issue is amplified by globalization, which intensifies competitive pressures and disrupts local economies worldwide.
In 2021, the ride-hailing industry in India experienced a surge of unbridled competition between major companies, resulting in predatory pricing, driver protests, and regulatory scrutiny in cities like Delhi and Mumbai.
This information has been generated by artificial intelligence.

Claim

Hostility is a frequent result of competition in the workplace, the classroom, the home, the playing field; any place where one person's success depends on another's failure. This is what competition means: mutually exclusive goal attainment. Instead of labouring together toward a common end, people are obliged to work against one another. Since competition is a kind of aggression, it is not surprising that it often leads to physical violence.

Counter-claim

Competition enters all major areas of man's life and generally connotes rivalry between two or more individuals or groups for a given prize. It is often an end in itself, as in the case of sporting events. In economic life competition is not a goal: it is a means of organizing economic activity to achieve a goal. The economic role of competition is to discipline the various participants in economic life to provide their goods and services skillfully and reasonably.

Beyond economic life, competition is also one of the fundamental sources of mobilization and creativity in the political arena (democracy is based on open and fair competition for votes), cultural and artistic life and sports.

Broader

Harmful thought
Presentable
Antipathy
Unpresentable

Narrower

Scientific rivalry
Unpresentable
Political rivalry
Unpresentable
Military rivalry
Unpresentable

Aggravates

Deception
Presentable
Aggression
Presentable
Competitive envy
Unpresentable
Cheating
Yet to rate

Aggravated by

Shortage
Excellent
Irrationalism
Presentable
Arrogance
Unpresentable

Reduced by

Mediocrity
Yet to rate

Related

Envy
Presentable
Disaccord
Unpresentable

Strategy

Competing
Presentable
Reducing rivalry
Yet to rate

Value

Unbridled
Yet to rate
Rivalry
Yet to rate
Independence
Yet to rate
Inactivity
Yet to rate
Dependence
Yet to rate
Competition [D]
Yet to rate
Competition [C]
Yet to rate
Blockage
Yet to rate
Action
Yet to rate

Reference

SDG

Sustainable Development Goal #10: Reduced InequalitySustainable Development Goal #13: Climate Action

Metadata

Database
World problems
Type
(B) Basic universal problems
Biological classification
N/A
Subject
Content quality
Presentable
 Presentable
Language
English
1A4N
B0848
DOCID
11208480
D7NID
136233
Editing link
Official link
Last update
Oct 4, 2020