In this week’s Acton Commentary, “Spiritual Competition and the Zero-Sum Game,” I examine a standard complaint against the market economy: that it engenders what Walter Rauschenbusch called “the law of tooth and nail,” a competitive ethos that ends only when the opponent is defeated. In the piece, I trace some of the vociferousness of such claims to the idea of economic reality as a fixed or static pie:
The moral cogency of the argument against competition is enhanced in a framework where the goods that are sought after are static. Whether conceived of in terms of market share or the size of a firm, business and political leaders often use language that makes it seem as if economic gain comes at the expense of others.
As I conclude in the commentary, competition that drives us to do and be better, in both spiritual and material terms, “ought to be celebrated rather than scorned.”