by phaster » Tue 29 Jul 2008, 15:58:03
$this->bbcode_second_pass_quote('emersonbiggins', 'I')f someone knows of a free market, tell me about it. I'd like to go see one in action sometime.
Since I started this thread, thought it was time to check back and see what became of it... been doing some thinking about the poll "do you believe in the free market?" And after reading some of the responses I now realize that even a simple question like that makes several assumptions and does not take into account all the nuances since there will never be a 100% free market that prices in product recycling or disposal costs, nor will there be a 100% command economy because any producer or politician does not have vertical integration, in other words has the ability to mine or grow the raw material, transform or manufacture a product that a consumer wants!
As it stands, the little problems we are seeing in the financial system with volatility in prices I think is a healthy thing and an example of darwins idea of "natural selection" and "price equilibrium" doing its thing.
Personally I have recognized that a problem of imbalance did exist on earth and no matter if you are a bible thumper or a computer geek, there have been many trusims that should have made this point quite clear. For example:
As you sow so shall you reap
GALATIANS 6: 7-9 (King James Version)
GIGO
computer science abbreviat for "Garbage In, Garbage Out"
Since this part of the peakoil board is concerned with economics, might I suggest that just as a company with an unsustainable business model dies off such as the many dot bombs
http://www.cnet.com/4520-11136_1-6278387-1.html
and a company that evolves and produces products that a consumer wants, lives to see another day (for example: apple.com and google.com) I'm taking the long view that the little problems we are seeing in the financial markets, the real world economy (i.e. gas station prices, food prices at the super market) will condition consumers as to a more sustainable life style. As for those individuals who recognized that a problem existed and/or had the means to do something about it and profit from providing a solution. For example even thought I think of T. Boone as being in the past a meddling republican partizan, I applaud natural gas and wind energy marketing blitz, and view his actions as just another way the economy and the environment are trying to reach a new equlibrium point....
Also noticed there has been an undercurrent of the idea of "fairness" rich vs poor, and thought I'd point out that in nature life isn't fair, never was and never will be. For example before there was civilization, lions in africa (the top of the food chain), culled the herd of vast herds of wildebeests of the old and weak, so over time the surviving wildebeests evolved to become stronger as a whole.
The symptoms we are now encountering with the environment and economy did not just appear out of nowhere, they are a result of the general public and elected officials who do not understand a basic idea of physics which is for every action there is an equal and opposite reaction.
Economics, science or religion alone are not going to solve or relieve the symptoms the human race is now encountering. If the objective is to solve the problem of high energy prices, then people in general have to look at the broader picture. For instance in stead of looking at higher than usual prices of energy and food as being jus an economics problem, people will have to think in big picture terms and see that economics has an impact on the environment (and vice versa).
http://globalpublicmedia.com/ecological ... ity_report