And where is "competition", long ago banished from most of the economy, ever more "rational" than cooperation?
>The two are finely balanced, but cooperation although slower...
I disagree. Competition usually produces immense energies spent in going noplace --- as Dave Noble called it, our society is a dynamic one which goes nowhere.
The critical issue here is to examine the ways in which competition is padded with subsidies while cooperation (outside of corporations) is left to its own devices, often horribly underfunded. When compared on equal footing, I think cooperation wins hands down.
Bill