[MD] Dynamic Development at all costs?
Heather Perella
spiritualadirondack at yahoo.com
Sun Apr 20 14:12:42 PDT 2008
> [Magnus]
> > economic decisions are singlemindedly aimed at
> maximizing the
> > value of the market, i.e. money. So, it's
> intellect being a slave to
> > social value.
Craig:
> You have it backwards. The most money is attracted
> to the ideas
> that are deemed best in the free market.
SA: What? "The most money is attracted to... ideas"
? Don't know what you said here, elaborate please.
SA
> [Magnus]
> > full functioning of intellect by removing the need
> to waste
> > intellectual effort on social value like money.
>
> It's money that "removes the need to waste
> intellectual effort."
> Imagine if everyone had to make all their economic
> decisions
> without a price mechanism. Each person would spend
> so much
> time (& with so much uncertainty) trying to weigh
> relative values.
> Craig
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