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Re:A monad is a monoid in the category of endofunctors, what... by zozbot123 on Sunday February 10, 2019 @05:11PM (#19130429)
> "a Lie group is a group object in the category of manifolds"

The point is of course to motivate the definition of a Lie group. Whether such strong motivation counts as "a better understanding of Lie groups" is largely a matter of semantics that there's some room to disagree over. Same goes for the categorical definition of a ring that's been mentioned at the start of this thread, or indeed the definition that OP talks about.

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