[ExI] Belief in Market Efficiency
thomas at thomasoliver.net
Fri Jan 30 21:22:49 UTC 2009
> The believers in efficient 'free markets' as the answer to everything
> seem to be having a hard time of it these days.
I don't know what BillK intended with the single quotes around 'free
markets,' but it seems to highlight the fact that they haven't yet
existed in reality.
As long as we have taxes (or any other form of coercion in the
market) then believers in freedom will probably have a hard time.
I don't think belief in a free market or in the golden rule (a
similar concept) implies that someone has fanatical tendencies, as
you seem to imply. Comparing the free market to conscious breathing
we see two simple, direct methods which don't answer everything or
solve every problem, but they offer huge benefit and improvement with
The human "herd" has yet to evolve out of (albeit somewhat
sublimated) animal violence. I would set that as the primary goal of
the extropian impulse. I think we have auto evolution within our
scope now. You don't have to believe in "free will" to see that
force and fraud, not freedom, got us into this mess. -- Thomas
More information about the extropy-chat