Abstract
Creativity is a powerful determinant of all economic activity, including competition. But its mirror image may be destructiveness, which cannot be ignored, either in life or in business. In fact, the nature of competition appears to involve synergy between the two. The author has considerable business experience as a Senior Executive of a medium‐sized textile group, and is now Visiting Lecturer in Social Ethics at Heythrop College, University of London, Kensington Square, London W8 5HQ. This paper was first presented at a Seminar on Teaching Business Ethics held at London Business School on Friday, 10 March, 1995.