ABSTRACT

This concluding chapter aims to tie the various arguments made in this book together and provide an answer to the main research question: what, if anything, makes competition morally problematic and how can we determine the weight of these moral problems? First, it reflects on an essay from John Manard Keynes, The End of Laissez-Faire, published in 1926, in which he warns us for the moral problems of unbridled economic competition. Now, 100 years later, his warning is still as relevant as ever. As this book aimed to show, competition is not a natural fact of life, nor does it automatically bring about social benefits as long as we follow our self-interest. In response to the question of what is morally problematic about competition, the author comes back to the Corruption Argument and the Harm Argument. Then the importance of the gradual notions of ‘stakes’ and ‘scope’ in determining the moral weight of these problems will be emphasised again. This chapter ends with three key take-aways of this book.