The Survival of the Fittest, the Survival of Both

It is a fact that there is competition in socio-economic life. But this competition is not evil. It is good for every society. During the process of competition, one group may temporarily emerge as a privileged group, while other groups may in comparison seem to be underprivileged. However, this state of affairs proves to be positive in terms of its result. According to natural law, sooner or later, the underprivileged group is bound to become infused with a new spirit, which will play a revolutionary role in enabling it to prevail over the negative aspects of its present situation. If the underprivileged group was earlier an uncreative group, it will now emerge under the pressure of circumstances as a creative group. Keeping this in mind, one can safely say that ‘compete or perish’ is a wrong saying. In economy, victory and defeat come and go on an alternate basis. Competition is not just the byword of capitalism. It is a phenomenon of nature, which inevitably fosters competition. Competition creates challenges, challenges act as incentives to increased effort, and this leads to reaching new heights of success. In this sense, a better maxim than ‘compete or perish’ is, ‘compete and grow’. So, by following the law of nature we can say that the survival of both and not the survival of the fittest is the best formula.