Capitalism & Competitivness

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In his recent article, David Brooks talks about the founder of Paypal, Peter Thiel, who said that people confuse capitalism and competitiveness. We try to be competitive in life to get ahead financially and with status. But capitalism goes well with creativity. Thiel makes the point that instead of trying to be better than anybody else, we should try to create a new market and dominate it. That means doing something so creative that you establish a whole new market. He says that competition can hinder creativity. Creative people, like myself, don't follow the crowds, they follow her hearts and minds. They seek out new ideas or old ideas not thought about by the population. Instead of being the best in a field, try to create a new one. That's the success of a true capitalist. That's what I got from Peter Thiel's ideas.