"Now, the old economics is correct, of course, that competition plays a crucial role in how markets work, but what it fails to see is that it is largely a competition between highly cooperative groups -- competition between firms, competition between networks of firms, competition between nations -- and anyone who has ever run a successful business knows that building a cooperative team by including the talents of everyone is almost always a better strategy than just a bunch of selfish jerks... So how do we leave neoliberalism behind and build a more sustainable, more prosperous and more equitable society? The new economics suggests just five rules of thumb..."
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Sources
Nick Hanauer in The dirty secret of capitalism -- and a new way forward Ted Talk, (July 2019)
https://en.wikiquote.org/wiki/Competition
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Competition
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