Comment by gf000
1 month ago
Competition only works when we have an even field.
Like shooting your opponents in the leg before a Marathon will surely improve your chances, but it doesn't mean you are the best out of them. This is like the very tenet of markets, reaching as far back as Adam Smith.
"Funnily" enough this requires some external system that upholds the rules of the competition, e.g. governments. That's why busting monopolies make sense.
No comments yet
Contribute on Hacker News ↗