A fundamental assumption of traditional economics is that competitiveness creates prosperity. This view, descended from a misreading of Adam Smith and Charles Darwin, weds the invisible hand of the market to the natural selection of nature. It justifies atomistic self-seeking. A clearer understanding of how evolutionary forces work in a complex adaptive human society shows that cooperation is the true foundation of prosperity (as does a full reading of Adam Smithâs lesser-known masterpiece A Theory of Moral Sentiments). Competition properly understoodâin nature or in businessâis between groups of cooperators. Groups that know how to cooperateâwhose members attend to social and emotional skills like empathyâdefeat those that do not. Thatâs because only cooperation can create symbiotic, nonzero outcomes. And those nonzero outcomes, borne and propelled by ever-increasing trust and cooperation, create a feedback loop of ever-increasing economic growth and social health.
Liu, Eric; Hanauer, Nick (2011-12-06). The Gardens of Democracy: A New American Story of Citizenship, the Economy, and the Role of Government (Kindle Locations 388-394). Perseus Books Group. Kindle Edition.