Furthermore, competition leads to self improvement. Businesses will strive to offer better products and services at lesser prices. The consumer reaps rich rewards from this competitive spirit. Politicians strive to do the utmost for the people, so they would get reelected. Students excel in there studies, trying to outdo each other.
Thus, ostensibly, competition is responsible for the betterment of the society as a whole. However, this is just the superficial view. Underneath the surface, competition, in every aspect, is slowly eating away at the very fabric of the society.
While it is true to say that competition in corporate world has brought great benefits to the consumer, the society as Missed A herewhole is playing a great price for it. Most businesses are exploiting cheap labour in the third world to maximise their profits. There are thousands of sweatshops run by well known western corporations in countries like Indonesia, Bangladesh and China. People are forced to work in squalid conditions, often 16 hours a day. They are lucky to receive a dollar a day for there labours. The moment a government in any of these countries try to improve the working conditions of the employees, these multinational giants flee the country, often leaving whole communities facing financial ruin. The corporations are aware that there are plenty of other labour markets that could be exploited with gay abandon.
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