Advantage Quote by Andrew Carnegie
“The price which society pays for the law of competition, like the price it pays for cheap comforts and luxuries, is great; but the advantages of this law are also greater still than its cost- for it is to this law that we owe our wonderful material development, which brings improved conditions in its train.”
About This Quote
Source Speech: Carnegie's 1889 Address on Competition, United States
The cost of competition is high, yet its benefits in material progress and improved living conditions outweigh those costs.
In simple terms: Competition is costly but drives material progress.
Embrace competition for greater societal gains.
Themes
Mood
Type
When to use this quote
- business strategy
- public policy
- education reform
- urban planning
- technology adoption
Key Concepts
Questions to Reflect On
- How can we mitigate competition's negative side effects?
- What policies balance growth with equity?
Competition can exacerbate inequality and environmental strain.