Some Thoughts Passing Through

On Economics.........

                    

            Contrary to popular thought markets do not have a brain to think for themselves. Markets are reactions to currents generated by members of our species, and even that of other species, that we, in turn, react to. Markets are, theoretically, an intersection of energies and ideas generated by the most aggressive members of our species, to promote their own interests. That is probably why markets, do indeed, necessitate regulation; to insert a third-party perspective into the initiatives of the most aggressive and dominant representatives of our species.

If you don't plan your trip and just wing it as you drive or ride as a passenger around America, will you ever hit deadends? Will you ever get to a place that you might not be able to get out of? Do tragedies occur in Nature? Is Nature sometimes unpredictable from a human perspective? Why do some people, as seemingly intelligent thinkers, disregard the power and the impact of disruptions to human pursuit and continuity, as being unimportant or of low priority to the welfare of the species, at large, if not the whole? Why would someone contend that, that possibility or its reality is of little consequence, when in the real world, a derailment off of a train track, stops everyone traveling in its cars behind it? {If that is your logic than, of course, you may argue that human social rules still govern that interference, or its rerouting, and should be abandoned - there should be human interference} Why do some thinkers argue against the ancient wisdom of the counsel and councils of the 'wisemen' (however, that was done historically in various societies) and their decisions.}  I also argue that with no rules at all that some humans will kill or maim or rape or harm other humans (and because you have no regulatory system such as police or a big moral brother to watch out for human transgressions) and have no recourse to correct those circumstances when they do happen. It has been that way in recent years, actually as human thugs, both in the U.S. and globally, get away with murder. In these cases, literally and figuratively.

Even corporations incorporate in their sustainable business strategies, and graduate MBA students are taught as part of their curriculum, about the virtues of 'planned obsolescence' and the benefits of planning the obsolescence of a given technology as an inducement for prospective customers' continuing expenditures.












Copyright © 2016 Steven P. Mitchell