If competition ends up as being a fight to the finish, then we need a new way of thinking about economic success.
Economic co-operation has always been part of the story, but not one told so often in the conventional narratives of heroic entrepreneurs and far-seeing investors. In 1917, for example, US Congress forced the formation of the Manufacturers Aircraft Association. The Wright brothers and Glenn Curtis were willing to see the airplane industry grounded than to see the other win out in terms of setting standards for airplanes to succeed.
