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by alanwatts
3669 days ago
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>There's no way to efficiently allocate resources absent a price mechanism Obviously math and science would be involved. However, the dollar is not created based on a mathematical or scientific standard, it is created by a handful of oligarchs based on closed source subjective speculation and confidence, "voodoo economics", and the broken window fallacy. >how are you supposed to acquire all these resources in the first place? The resources don't need to be acquired, they're already sitting there. They just need to be shared. So empathy for humanity is where the real deficit lies, and one of the main reasons for this is the fallacy of Malthusian-Darwinian economic ideology. |
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