Yes agreed. But competition for what?

I'd say for the good of the majority of the people.

In other systems only those on top profit (maybe 10-20% max) even if they claim otherwise.

Thus democracy, through competition, aligns the leader's incentive with their people best.

> In other systems only those on top profit

Are you saying the US isn't doing that presently?

Yes. Mind you that like most things in life, it's a spectrum.