Competition
in sentence
2938 examples of Competition in a sentence
But
competition
is one principle that ought to command broad political support, because of the benefits that it tends to deliver for ordinary people.
Many on the left nowadays seem especially confused about the advantages of competition, and many progressives’ approach to education is an excellent example of this.
The fear that big businesses were harming the general welfare by stifling
competition
– and were politically powerful enough to entrench their monopoly power – allowed reformists from the left and right to find some common ground.
But, while their antipathy to big business appears to honor their intellectual roots, progressives have lost the plot when it comes to
competition.
More competition, however, clearly seems to be part of the way forward.
After its extraordinary post-1945 economic miracle, Japan fell into a pattern of ultra-slow growth because it lacked the flexibility to adapt its institutions for a new phase of economic development, characterized by heightened global
competition.
Their labor-market, social-welfare, and
competition
policies vary.
This short-circuits competition, undermines the diffusion of general-purpose technology, and blocks the type of adaptation and evolution that underpins a vibrant private sector.
But it also likely reflects the technological dimension of the escalating economic and geopolitical
competition
between the US and China.
But, in order to ensure quality growth, the country must continue working to boost private business, expand equity financing, and advance decentralization, thereby spurring competition, innovation, and job creation.
This bureaucratic stranglehold shackles competition, raises prices far too high, inhibits choice, and retards the quality of goods and services.
But Russia has only one enterprise per 55 people, and Ukraine one per 80 people, far too little for decent market
competition
to take place.
According to a December 2007 NBC/Wall Street Journal poll, almost 60% of Americans think globalization is bad because it has subjected US firms and workers to unfair
competition.
And, given such riches,
competition
might appear lucrative at first sight.
Traditional farmers are likely to view them as unfair
competition.
I contend that an open society may also be threatened from the opposite direction; from excessive individualism, from too much
competition
and too little cooperation.
It claims that if redistribution causes inefficiencies and distortions, the problems can be solved by eliminating redistribution--just as communism claimed that the duplication involved in
competition
was wasteful, and therefore a centrally planned economy was superior.
Cooperation is as much a part of the system as competition, and the slogan "survival of the fittest" distorts this fact.
In addition to this difference in the relative magnitude of imports, the benign price effect of low-cost import
competition
is much larger in Germany’s competitive retail landscape than in the more traditional, and uncompetitive, retail systems of Italy or Greece.
At the moment, the chaebols’ proximity to political power reduces the transparency of corporate governance, discourages competition, and weakens the innovative potential of small- and medium-size enterprises.
As Michael Spence and I argue in a recent paper, skill-biased and labor-displacing intelligent machines and automation drive income inequality in several other ways, including winner-take-all effects that bring massive benefits to superstars and the luckiest few, as well as rents from imperfect
competition
and first-mover advantages in networked systems.
In order to stimulate GDP growth, encourage the establishment of competitive and dynamic enterprises, facilitate larger trade flows, and create more jobs, they must dismantle barriers that raise costs, inhibit competition, and deter new investment.
First, integration of the Maghreb would create economies of scale and boost competition, establishing a market of more than 75 million consumers – similar in size to several of the world’s most dynamic trading powers and certainly large enough to increase the region’s attractiveness to foreign investors.
Is science or society well served by a fixation on prizes and on nurturing a culture of extreme
competition?
But whereas these vectors of economic
competition
increase total national income, they do not necessarily distribute income gains in a socially acceptable way.
By deregulating finance and trade, intensifying competition, and weakening unions, governments created the theoretical conditions that demanded redistribution from winners to losers.
The pretext was that taxes, welfare payments, and other government interventions impair incentives and distort competition, reducing economic growth for society as a whole.
By focusing on the social benefits of
competition
while ignoring the costs to specific people, the market fundamentalists disregarded the principle of individualism at the heart of their own ideology.
If trade, competition, and technological progress are to power the next phase of capitalism, they will have to be paired with government interventions to redistribute the gains from growth in ways that Thatcher and Reagan declared taboo.
Facing economic crisis, widespread unemployment, and rising
competition
from developing economies, Europe must adjust to technological advances and new modes of working – all while an aging population puts increasing strain on exhausted public budgets.
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