Saturday, January 4, 2020

Competition

Many people believe that competition brings out the best in human nature. Many love watching and participating in sporting events where you learn about winning and losing. Everyone wants the game to be fair and thus we have rules. Capitalism is an economic system based on competition and to keep things fair the government is needed to enforce the rules by exposing and punishing corruption. There are others who do not like competition because it creates winners and losers and prefer rules that concentrate on equality of outcomes. This would be a system where the government both makes the rules and enforces the rules. This has been tried many times throughout history and begins with good intentions and ends with one small group having the power over the rest. In the Soviet Union the power was in the hands of the minority who were members of the communist party. The same is true in China today as well as Cuba and Venezuela. The party members receive benefits not awarded to the masses. In China today there are 1,400 million people and 90 million are members of the party and receive special treatment from the government.

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