[dwb]

Hilarious; such ugly arrogance. Of course it “works” to the extent that you describe, otherwise we wouldn’t be in exactly the situation that I’m against. Where you came from doesn’t matter at all. The system is working for you so you are for it.

You assume too much, that I am going to argue for centrally planned economies or something. I never claimed or implied I was an expert, or to what degree I’m “winning the race” (what a horrible way to think about human society!). I think it’s either an absurd failure of imagination or simple invested ideology, that we have to have either hardcore “free” markets (free for who?) or strict Soviet-style planning (typically with the assumption that we have only the knowledge and technology from that period too, for some reason). I think we can do a lot better than both.

Your impressive-sounding words about efficiency quickly fall apart for anyone who has actually looked at the dirty end of capitalist processes. Inefficiencies abound; the market optimises for only money which a lot of the time is a stupidly poor abstraction of the stuff of life that actually matters. And that abstraction enables and justifies untold cruelty and exploitation.

If you were a sort of capitalist-pessimist, saying that you didn’t like it but this seemed to be the least-worst option, I’d think you were woefully unambitious, but at least some way understandable. But you arrogantly defend this system, and brag about how your massive brain managed to exploit it. Welcome to HN, I guess.

[fsckboy]

economic efficiency does not refer to productive effiency, it refers to having prices that allow people to make optimal purchase decisions, and whether competition ensures prices will reflect costs.

so, according to you, you are not arrogant, you just legitimately know what's best for everybody else, and you are virtuous to boot?

writing tip: take all the emotionally charged words out of your prose, they don't have the effect you think they do.

[dwb]

I knew you were speaking more technically about economic efficiency, but what does that matter when the real processes are often so inefficient? Or when it results in so many bad outcomes?

I won’t be taking “writing tips” from you; my words are an expression, not pure calculated rhetoric. I never thought I was going to change your mind, I wanted you to face a teeny tiny bit of resistance.

Expressing an opinion and making observations is not arrogance. I said “I think” and “I’m against”, I never claimed any virtue, I didn’t brag, and I didn’t tell you that you don’t know what you’re talking about. According to me, I just have a view about part of the way the world works, that’s it. Reading tip: get better at it.