[quote]D Public wrote:
You see things as if there can only be two opposites on a spectrum, Central planning vs Free markets. Collectivism vs Individualism.
There is something called optimization. You take a free market economy, and you regulate certain areas that do not work. You attempt to use the least amount of regulation to correct these inefficiencies to enhance it.
You assume that collective action cannot work better than individual action when it does in some cases…
Lets say you lived in a small village where your only food source is fish from a nearby lake. If every fisher man acts in his own best self interests and attempts to fish as many fish as possible then eventually there will be no more fish. They would have killed off their only food supply, and they would all die. They should have left some fish so that they could respawn every year, but they did not do it. They actually acted against their own self interests unknowingly.
If all the townspeople had a second chance to do this over, they would definitely agree to limit the amount of fish that could be taken from the lake each day. They would set up a fish regulator consisting of independent townspeople who ensure that only a certain amount of fish are taken each day. They would solve the problem, and it would actually increase competition because the best fishermen could still take all if he had the skill and ability, but it would not cause over fishing.
Some argue that this system is flawed because it takes power from the individual. Who is the guy who decides to limit the fish? Maybe, the fish regulator could get bribed by lesser fisherman. Maybe, people would try to cheat the system and fish outside the pervue of law. So, essentially these individuals think they are somehow being cheated by the fish regulator. They think the good fishermen are cheaters. The only way that they are getting so much fish is because they cheat. These thoughts are compounded because as part of their agreement they agreed to pay a tax for the fish regulators services. So, they think they are being cheated in every way.
Now, after a generation of tranquility in the fishing village, these poor fisherman team up with some rich townspeople who would like to eat more fish than what is currently allowed under the law. They begin to influence others to their beliefs and cause some regular towns people to question the supposed limit on fishing. They somehow convince themselves that these limits are restraining their INDIVIDUAL ability and begin to over fish again which ultimately causes them to kill themselves again.
Regulation may not be perfect, but it is better than the alternative. There are no perfect markets. Humans are irrational and markets do not work as they are written about in textbooks. People should be objective in their decisions and base their conclusions on facts and evidence rather than ideology.
I’m certain you think people should be allowed to smoke cigarettes in public places too. Maybe I should be allowed to flick the cigarette out of his mouth and call him an asshole. Or, maybe it is simply easier to ban smoking in public places and prevent scenes like that.
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Again, their are a lot of false premises here and you’ve also added quite a few straw man arguments(probably because you’re beginning with false premises). I’d be glad to discuss this with you in a calm and respectful manner, just not in this thread. Their are quite a few threads already discussing collectivism, free markets, etc…
I mean optimally if you want to get a better picture of my(well, not my original ideas of course) view of markets, we’d have to start with human action and that fisherman for example.
Feel free to PM me and we can have a more in depth discussion.