As a natural born capitalist, I embraced from the youngest age the economic theory from Adam Smith. Self-interest acts as an economic motivator whilst that motivator is held in check by competition through free-market policies. Self-interest and competition complement each other to produce wealth through the “invisible hand”. How could anyone possibly disagree?

According to such traditional economic theories, the optimal level of competition from an economic efficiency point of view is maximum competition. Industry participants must compete for all the resources alongside the entire value chain. They must capture the hearts and minds of suppliers, talented employees, customers, governmental institutions and capital providers - relentlessly. Only the fittest survive. It is a matter of natural selection.