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> Exploitation always provides better ROI than co-operation

This is constructed nonsense. Literally upheld by the competitiveness of maritime republics over their neighbourhing land powers.

“Maritime Republics” that issued letters of marque for privateers to attack and pillage enemy trade ships?

Talk about nonsense.

> “Maritime Republics” that issued letters of marque for privateers to attack and pillage enemy trade ships?

Straw man. You said "exploitation always provides better ROI than co-operation."

[EDIT: Deleted. Unsure if this is a troll account.]

Of course it does. Why don’t you show me a counter-example? Tell me which enterprise wouldn’t be more profitable with exploitation? Just one.