You are not meaningfully collecting different perspectives, though, if you are dismissing others as not falling inside of your own construct of “basic economics”.
I assume you are aware that economies have occurred historically not based on supply and demand.
Yes, they tend to fall under some sort of authoritarian system and usually still have free trade outside of the system. When supply and demand is discarded by government, people tend to die. So it seems to me that we can central power since the free market, while not ideal, is still better than the likely risk of corrupt power with all of the power.
People are dying because the entire economy, the entirety of processes of production and distribution, is under massively centralized control, and driven by the profit motive, which is inimical to human survival and flourishing, in a word, corrupt.
I have been browsing comments for the post quite aggressively, and have even read most of them now several times. I have found none advocating for supply and demand being “discarded by government”, nor any for expansion of authority.
I am actually advocating for supply and demand being “discarded by government” :)
Sorry, I realized after clicking “reply” that you’re already someone I’m having a (slightly heated, sorry!) discussion with. I promise I’m not following you.
But nonetheless, even Adam Smith (the founder of capitalism) had some problems with unrelated markets wrt necessities. We don’t have to go off the deep end to say “supply and demand economics should be discarded for food and healthcare if it’s the only way to stop poor people from dying inches away from trashbins full of food”
You are not meaningfully collecting different perspectives, though, if you are dismissing others as not falling inside of your own construct of “basic economics”.
I assume you are aware that economies have occurred historically not based on supply and demand.
Yes, they tend to fall under some sort of authoritarian system and usually still have free trade outside of the system. When supply and demand is discarded by government, people tend to die. So it seems to me that we can central power since the free market, while not ideal, is still better than the likely risk of corrupt power with all of the power.
People are dying because the entire economy, the entirety of processes of production and distribution, is under massively centralized control, and driven by the profit motive, which is inimical to human survival and flourishing, in a word, corrupt.
I have been browsing comments for the post quite aggressively, and have even read most of them now several times. I have found none advocating for supply and demand being “discarded by government”, nor any for expansion of authority.
waves hand
I am actually advocating for supply and demand being “discarded by government” :)
Sorry, I realized after clicking “reply” that you’re already someone I’m having a (slightly heated, sorry!) discussion with. I promise I’m not following you.
But nonetheless, even Adam Smith (the founder of capitalism) had some problems with unrelated markets wrt necessities. We don’t have to go off the deep end to say “supply and demand economics should be discarded for food and healthcare if it’s the only way to stop poor people from dying inches away from trashbins full of food”