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George Reisman

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Whoever claims that economic competition represents "survival of the fittest" in the sense of the law of the jungle, provides the clearest possible evidence of his lack of knowledge of economics.
--
Capitalism: A Treatise on Economics (1996)

 
George Reisman

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Such as contribute most to human progress and human enlightenment — men like Gutenberg, Copernicus, Newton, Leibnitz, Watts, Franklin, Mendeleieff, Pasteur, Sklodowska-Curie, Edison, Steinmetz, Loeb, Dewey, Keyser, Whitehead, Russell, Poincaré, William Benjamin Smith, Gibbs, Einstein, and many others — consume no more bread than the simplest of their fellow mortals. Indeed such men are often in want. How many a genius has perished inarticulate because unable to stand the strain of social conditions where animal standards prevail and "survival of the fittest" means, not survival of the "fittest in time-binding capacity," but survival of the strongest in ruthlessness and guile — in space-binding competition!

 
Alfred Korzybski
 

All reading, in truth, is reading in a content area. To read the phrase "the law of diminishing returns" or "the law of supply and demand" requires that you know how the word "law" is used in economics, for it does not mean what it does in the phrase "the law of inertia" (physics) or "Grimm's law" (linguistics) or "the law of the land" (political science) or "the law of survival of the fittest" (biology). To the question, "What does 'law' mean?" the answer must always be, "In what context?"

 
Neil Postman
 

They, economics and evolution, are both examples of a larger process, which has been at work in this part of the universe for a very long time. This is the process of the development of structures of increasing complexity and improbability. The evolutionary process always operates through mutation and selection and has involved some distinction between the genotype which mutates and the phenotype which is selected. The process by which the genotype constructs the phenotype may be described as "organization". Economic development manifesto itself largely in the production of commodities, that is, goods and services. It originates, however, in ideas, plans, and attitudes in the human mind. These are the genotypes in economic development. This whole process indeed can be described as a process in the growth of knowledge. What the economist calls "capital" is nothing more than human knowledge imposed on the material world. Knowledge and the growth of knowledge, therefore, is the essential key to economic development. Investment, financial systems and economic organizations and institutions are in a sense only the machinery by which a knowledge process is created and expressed.

 
Kenneth Boulding
 

The fittest survive.
What is meant by the fittest?
Not the strongest; not the cleverest —
Weakness and stupidity everywhere survive.
There is no way of determining fitness except in that a thing does survive.
"Fitness," then, is only another name for "survival."
Darwinism:
That survivors survive.

 
Charles Fort
 

While the law [of competition] may be sometimes hard for the individual, it is best for the race, because it insures the survival of the fittest in every department. We accept and welcome, therefore, as conditions to which we must accommodate ourselves, great inequality of environment, the concentration of business, industrial and commercial, in the hands of the few, and the law of competition between these, as being not only beneficial, but essential for the future progress of the race.

 
Andrew Carnegie
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