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zozbot234yesterday at 7:54 PM2 repliesview on HN

> You can tell that broad alignment between people is natural

It really isn't. The whole point of the market system is to collectively align people's actions towards a shared target of "Pareto-optimized total welfare". And even then the alignment is approximate and heavily constrained due to a combination of transaction costs (which also account for e.g. externalities) and information asymmetries. But transaction costs and information asymmetries apply to any system of alignment, including non-market ones. The market (augmented with some pre-determined legal assignment of property rights, potentially including quite complex bundles of rules and regulations) is still your best bet.


Replies

dns_snekyesterday at 8:06 PM

Broad alignment =/= Wealth maximization.

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jasonwatkinspdxyesterday at 8:38 PM

Please read David Graeber.

What you describe is factually not how human society formed.

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