It is absolutely shocking to see how strongly some persons, especially those that arise from the humanist tradition, praise the natural world as perfect, and slander the free market as imperfect. When it comes to the environment for these people, they see purple mountains majesty and man as a blight upon everything; whereas, when it comes to the economy and the free market they see the natural workings of the market as something to be abhorred, and therefore to be crushed under the boots of man's control.
This positions is yet another exercise in contradiction, because nature cannot both be free to work by organic means and by manipulation at the same time. The free market, existing as a natural phenomena, likewise cannot be free and commanded at the same time. Furthermore, man cannot both be incapable of messing with nature and completely competent with messing with nature simultaneously. Remember: "one cannot have his cake and eat it too", no?
I would recommend adjusting the premise so that it dose not contradict itself. I think this mistake however comes from assuming that the free market is not a natural phenomena. Why would it not be? When examined, like nature, the free market regulates itself. Economic growth and recession, like growth and rot in nature are both integral parts of a continuing process of organic life. Man sometimes thinks that ideally there should be neither rot nor recession, but when man removes rot, he destroys the eco system by removing vital nutrients that plants need in order to exist; similarly with recession, when the economy is artificially pumped up, the economy is deprived from being able to transfer dead assets into live ones.
While superficially this all makes sense, this topic has further implications and is not so cut and dry. I would like to explore it further in my next post.
To be continued...
This positions is yet another exercise in contradiction, because nature cannot both be free to work by organic means and by manipulation at the same time. The free market, existing as a natural phenomena, likewise cannot be free and commanded at the same time. Furthermore, man cannot both be incapable of messing with nature and completely competent with messing with nature simultaneously. Remember: "one cannot have his cake and eat it too", no?
I would recommend adjusting the premise so that it dose not contradict itself. I think this mistake however comes from assuming that the free market is not a natural phenomena. Why would it not be? When examined, like nature, the free market regulates itself. Economic growth and recession, like growth and rot in nature are both integral parts of a continuing process of organic life. Man sometimes thinks that ideally there should be neither rot nor recession, but when man removes rot, he destroys the eco system by removing vital nutrients that plants need in order to exist; similarly with recession, when the economy is artificially pumped up, the economy is deprived from being able to transfer dead assets into live ones.
While superficially this all makes sense, this topic has further implications and is not so cut and dry. I would like to explore it further in my next post.
To be continued...
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