Re:Economists who defend disaster profiteers are wrong
by specialist on Tuesday April 14, 2020 @10:09AM
(#22866164)
Capitalism is just an algorithm, heuristic. Game theory shows a mix of strategies works pretty good. Just tweak the proportional mix of strategies as necessary.
Open markets only span something like 1/3rd of our economy. (Most other trades are intra organizational, government appropriations, etc.)
We're geeks, right? Obsessed with optimization, right?
So it seems crazy to me that so many will only consider Freedom Markets™ while dismissing every other possible strategy.
As seen in this very thread, the meme of Freedom Markets™ is so engrained that even the critics only argue in those terms, rather than having an affirmative agenda based on alternatives.
Open markets only span something like 1/3rd of our economy. (Most other trades are intra organizational, government appropriations, etc.)
We're geeks, right? Obsessed with optimization, right?
So it seems crazy to me that so many will only consider Freedom Markets™ while dismissing every other possible strategy.
As seen in this very thread, the meme of Freedom Markets™ is so engrained that even the critics only argue in those terms, rather than having an affirmative agenda based on alternatives.