>These examples are on a governmental scale, but the same thing happens in industries where startups are fighting to compete against entrenched competitors.
And if they win, they become the new entrenched competitors and abuse their market position just the same, because that's exactly what they were "competing" for in the first place.
>Innovation, technological advancement, and a higher standard of living for all spring forth from competition and necessity.
I think the best way to drive technological advancement and standards of living would be an economic system that actually values those things directly.