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About this quote

What does it mean?
Hayes argues that unchecked competition often lets the unethical win wealth rather than the truly deserving.
In plain terms
Unlimited competition does not mean the best people win; often the unethical do.
What can you take from it?
Competition without rules favors the unscrupulous over the deserving.

Where it applies

  • market regulation
  • business ethics
  • economic policy

Putting it to work

  • regulate markets
  • monitor business practices
  • promote fair competition

Questions to consider

  • Should competition be regulated to ensure fairness?
  • Does wealth equal merit?

Another view

Some argue that market forces naturally correct unethical behavior over time.

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