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Modern economies are certainly good at a certain kind of resource allocation, but they're crap at allocating the most valuable resource -- people's potential.
To start with, having to earn $$ is such an enormous distraction from everything you *could* be doing.
You know it.
To start with, having to earn $$ is such an enormous distraction from everything you *could* be doing.
You know it.
What would you be doing, if money weren't an object? And how would it change the people around you?
To be clear, "efficiently allocating human potential" does not mean "everyones does whatever they want".
First, because your own tendencies may stand in the way of self-fulfillment.
Second, because self-fulfillment is just one side of the equation. Society is the other side.
First, because your own tendencies may stand in the way of self-fulfillment.
Second, because self-fulfillment is just one side of the equation. Society is the other side.
The fact that we're terrible at solving this is not an intrinsic flaw of markets as an abstraction. Those are actually great.
It's all about our current implementation of them. Which follows a flawed value system.
It's all about our current implementation of them. Which follows a flawed value system.
