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- Xref: sparky sci.environment:13941 sci.econ:9538 sci.anthropology:1621
- Path: sparky!uunet!gossip.pyramid.com!pyramid!pyrnova.mis.pyramid.com!pcollac
- From: pcollac@pyrnova.mis.pyramid.com (Paul Collacchi)
- Newsgroups: sci.environment,sci.econ,sci.anthropology
- Subject: Re: Development policies
- Message-ID: <184719@pyramid.pyramid.com>
- Date: 28 Dec 92 20:21:02 GMT
- References: <1992Dec18.164247.17939@ke4zv.uucp> <725039374snx@tillage.DIALix.oz.au> <BzxFn2.FIM@techbook.com>
- Sender: news@pyramid.pyramid.com
- Reply-To: pcollac@pyrnova.mis.pyramid.com (Paul Collacchi)
- Distribution: usa
- Organization: Pyramid Technologies, Mt. View, California.
- Lines: 46
-
- In article <BzxFn2.FIM@techbook.com>, szabo@techbook.com (Nick Szabo) writes:
- |> gil@tillage.DIALix.oz.au (Gil Hardwick) writes:
- |>
- |> > Some choice between incompetence and greed you offer.
- |>
- |> This statement strikes me as getting to the emotional core of the
- |> socialist vs. capitalist issue. I think the choice can be
- |> resolved as follows. The global economy is a very different milieu
- |> than the hunter-gatherer tribe. In the latter, people often have a
- |> lifelong, face-to-face relationship. They can perform altruistic
- |> acts with the (perhaps unconscious) assurance that such altruism
- |> will, more often than not, benefit kin or be reciprocated down the line.
- |> I'd be interested in Gil elaborating on this!
- |>
-
- The dynamics of "altruism" don't change because their effects are
- propagated through a "large, complex" system. It's easy: if you make
- it your business to place more in than you take out, the net balance
- will grow, given that others practice that. If you make it your
- business to place less in that you take out, the net balance will
- shrink, given that others practice that.
-
- Now here's the quiz. You're a rational game-theoretic type. Which
- strategy will you pursue, given that you don't know how the other 5
- billion are going to play? Which you choose, is a function of how you
- perceive yourself, not how you perceive others.
-
- |>
- |> Let's keep local ethics local, and not make false comparisons of
- |> the "greed" of multinational corporations in an abstract market
- |> to the greed of an individual in a small, face-to-face community.
- |>
-
- Corporations too are fictions. They don't exhibit greed per se.
- Individuals working under that "cover" are greedy. It is the same greed
- practiced around the world and through the ages.
-
- |> In the global economy, the rational self-interest of competitive
- |> market agents has demonstrated itself by far the best method for
- |> growing the global economy while preserving the global environment.
- |>
-
- Yawn.
-
-
- Paul Collacchi
-