Companies that go bankrupt are a danger to healthy competition. They are able to make their creditors and shareholders pay for their losses and bad management and then to start anew with assets that they essentially got for free, quite unlike the competition that has not gone bankrupt, who have to pay full price for their assets, but quite similar to how their customers have wanted their products, for too little money.
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Re: ...and even for those _NOT_ interested... (Usenet article)Erik Naggum
New efforts are needed if this Assembly's Declaration of Human Rights, now 15 years old, is to have full meaning. And new means should be found for promoting the free expression and trade of ideas--through travel and communication, and through increased exchanges of people, and books, and broadcasts. For as the world renounces the competition of weapons, competition in ideas must flourish--and that competition must be as full and as fair as possible.
John F. Kennedy
The relation between experimentalists and theorists is often one of healthy competition for truth and less healthy competition for fame.
Alvaro De Rujula
One of the biggest lies in capitalism is that companies like competition. They don't. Nobody likes competition.
Eliot Spitzer
More people are interested in trying to shuffle paper assets around than building lasting assets by producing real goods.
Akio Morita
The truth is that economic competition is the very opposite of competition in the animal kingdom. It is not a competition in the grabbing off of scarce nature-given supplies, as it is in the animal kingdom. Rather, it is a competition in the positive creation of new and additional wealth.
George Reisman
Naggum, Erik
Nagin, Ray
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