πSuccess to the successful
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Success to the successful (Competitive exclusion) occurs when winning the competition provides advantage to win further competition. In that case the winner keeps winning and grows until all competition is extinct.
Ways out
- diversify (choose another market)
- antitrust law
- rewards that do not help competing
- policies that level the field (e.g., heavier taxation for rich, charities, gift tradition, etc.)
See also
- We canβt all be millionaires
- Poverty taxβwhy poor stay poor
Backlinks
- π Money as quality change
- π Thinking in Systems: A Primer
- π Β§ Systems Thinking
- π Β§ Business