If economic competition became meaningless what would all those people do? Man you think software devs not being able to type on they keyboard are a depressed lot, hyper competitive business people with no one to compete with would be a total basket case. There would be no socio-economic class to strive for anymore, no recognition, no trophy for being the best. Survival of the fittest would be meaningless, that's probably what would really end up spelling doom for humanity. Pointlessness.