While the law [of competition] may be sometimes hard for…
![“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…” quote by Andrew Carnegie](https://sms4smile.com/q/i/74a/andrew-carnegie-2115_accepting_while-the-law-of-competition-may-be-some_1864256.jpg)
“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 a few, and the law of competition between these, as being not only beneficial, but essential for the future progress of the race.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
Competition creates inequality but is argued as essential for societal progress, despite concentrating power among few.
In simple terms: Competition is seen as vital for progress, even if it creates inequality.
Key Takeaway
Consider the costs of unchecked competition.
Themes
economics
ethics
societal progress
Mood
critical
analytical
Type
philosophical
political
When to use this quote
- business strategy
- public policy
- education reform
- environmental regulation
Key Concepts
capitalism
social Darwinism
wealth distribution
Questions to Reflect On
- Is competition always the best driver of innovation?
- How can societies balance competition with equity?
A Different Perspective
May ignore the harm to social cohesion and fairness.