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<blockquote data-quote="curiousbrain" data-source="post: 824383" data-attributes="member: 31608"><p>You shame me with your kind words, sir.</p><p></p><p></p><p></p><p>To Mr. Chartier's piece, I offer the following - I'm not sure if this is what I believe or not, it is just what occurred to me as I read through the article.</p><p></p><p>He seems to insinuate that capitalism-[2,3] are the result of injustice and imbalance as promoted by government. Assuming an economic environment completely free from political influence (and that's quite an assumption), a competing mechanism of propagation of such injustice and imbalance would be that, regardless of the initial conditions, capitalism-1 will always evolve into some form of the latter two. The only way to prevent that would be to violate the principle of capitalism-1 by imposing some form of control/guidance.</p><p></p><p>I liken this somewhat to the initial conditions of the Universe - under the premise of the Big Bang and Inflation Theory, the Universe was once very small; as it rapidly expanded, the perturbations of the initial conditions were expanded to form macro effects, which we now all enjoy looking at - stars, galaxies, so on and so forth. Cellular automata offer another example of initial conditions and their far reaching effects, although I think the analogy is bloated enough.</p><p></p><p>Point being, initial conditions are never "perfect" (because that has no inherent meaning, different conditions only produce different results), and I would put forth the idea that an economic landscape is no different. Regardless of the initial conditions, the imbalances of society will always expand into macro effects which we all see as the wealth gap, big business and government collusion, etc.</p><p></p><p>To Mr. Hodgskin, I am reading through that and may have a response tomorrow; going hiking and may not finish/process it in the time available to me.</p></blockquote><p></p>
[QUOTE="curiousbrain, post: 824383, member: 31608"] You shame me with your kind words, sir. To Mr. Chartier's piece, I offer the following - I'm not sure if this is what I believe or not, it is just what occurred to me as I read through the article. He seems to insinuate that capitalism-[2,3] are the result of injustice and imbalance as promoted by government. Assuming an economic environment completely free from political influence (and that's quite an assumption), a competing mechanism of propagation of such injustice and imbalance would be that, regardless of the initial conditions, capitalism-1 will always evolve into some form of the latter two. The only way to prevent that would be to violate the principle of capitalism-1 by imposing some form of control/guidance. I liken this somewhat to the initial conditions of the Universe - under the premise of the Big Bang and Inflation Theory, the Universe was once very small; as it rapidly expanded, the perturbations of the initial conditions were expanded to form macro effects, which we now all enjoy looking at - stars, galaxies, so on and so forth. Cellular automata offer another example of initial conditions and their far reaching effects, although I think the analogy is bloated enough. Point being, initial conditions are never "perfect" (because that has no inherent meaning, different conditions only produce different results), and I would put forth the idea that an economic landscape is no different. Regardless of the initial conditions, the imbalances of society will always expand into macro effects which we all see as the wealth gap, big business and government collusion, etc. To Mr. Hodgskin, I am reading through that and may have a response tomorrow; going hiking and may not finish/process it in the time available to me. [/QUOTE]
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