Competition Often Achieves what Usually Only Love Can Do

“Market competition often achieves what usually only love can do: the divination of the innermost wishes of the other, even before he himself becomes aware of them. Antagonistic tension with his competitor sharpens the businessman’s sensitivity to the tendencies of the public, even to the point of clairvoyance, regarding the future changes in the public’s tastes, fashions, interests . . .”

-by Georg Simmel in his 1907 The Philosophy of Money

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