Competition Quote by Frank H. Easterbrook
“Every successful competitive practice has victims. The more successful a new method of making and distributing a product, the more victims, the deeper the victims' injury”
About This Quote
Source Article: Legal analysis on market disruption, 2005
Innovations that succeed often create unintended victims, deepening harm to those affected.
In simple terms: Progress can harm some people.
Key Takeaway
Consider collateral impact of new methods.
Themes
ethics
innovation
victimhood
Mood
critical
analytical
Type
legal
economic
When to use this quote
- product launch
- policy making
- technology adoption
- business strategy
Key Concepts
economics
social justice
Questions to Reflect On
- Who are the hidden victims of this innovation?
- How can we mitigate harm while advancing?
A Different Perspective
Balancing progress with protection is complex.
