The blog of a North Country Swede!

Thursday, August 17, 2006

Some hypotheses ...

Freedom comes when leaders aka centers of power have to contend for the loyalty of the people rather than command it ... and within the range of options under the umbrella (within the spheres of influence) of these contending leaders, the individual can make choices.

The most frightening thing to any leader who seeks power is the freedom of people not to be loyal to a leader.

Neither democracy nor the marketplace are zero sum games—win-lose. They are win-win games if played rationally, and that is why they create their own energy.

And...

It isn't profits that drag down the marketplace. It is the externalities—the costs not paid for out of the profits—that drag down the marketplace.

The main fault of capitalism is its tendency to legitimatize externalities. While monopolies are always a problem, they are not in any way market capitalism. It is the desire of owners to avoid paying the real (rational) costs of producing goods and services that lead to them forming monopolies, i.e. controlling the marketpalce.

There is no such thing as a free market. There can be more or less rational markets depending on how well they pay the costs of producing the goods and services sold and of the market itself in rents.

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