[ExI] Don't be evil

Dan dan_ust at yahoo.com
Tue Mar 23 15:04:16 UTC 2010


Even were that so, that would not be "Capitalism" making choices. It would be people acting in a market making choices. This is sort of like saying Science runs experiments or has debates. The truth is people run experiments and debate about the data or theory.

And this brings up a more general point. It's not markets that do things. It's people. People act and when they interact voluntarily, markets are what we might see -- though markets are hardly the only form of voluntary interaction. When they interact involuntarily -- i.e., coercively -- what we see is statism or some form of one person or group abusing another person or group.

Regards,

Dan


From: Stefano Vaj <stefano.vaj at gmail.com>
To: ExI chat list <extropy-chat at lists.extropy.org>
Sent: Tue, March 23, 2010 10:09:34 AM
Subject: Re: [ExI] Don't be evil


2010/3/23 Dan <dan_ust at yahoo.com>

A little quibble: "capitalism" doesn't do anything. (Neither does "socialism.") People do things. In this case, they did them seemingly through a market choice.
>
Why, according to classical economic theory everything is a "market choice", reputation or righteousness having a market value themselves... :-)

-- 
Stefano Vaj



      
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