"There is nothing uncontrollable about the human behavior we call economics."
Indeed. All it takes is a world government and tight surveillance and enforcement and for sure human behavior can be controlled.
Still, who controlls the controller?
Indeed. All it takes is a world government and tight surveillance and enforcement and for sure human behavior can be controlled.
Still, who controlls the controller?
I am not even disputing what you have stated as a possibility. It is just, there are other possibilities. Maybe the Government Pension Fund of Norway is a good counter example to what you propose?
https://en.wikipedia.org/wiki/Government_Pension_Fund_of_Nor...
Governments influence economics all the time in subtle and not so subtle ways.
They do. Influence, but not control.
So .. au contraire.
The demand to just "control" the market is a really low effort populistic approach to me, that refuses to analyse deeper.
Economy is made up of people. Who have a free will and act out of various motives. So if one instance is controlling the economy it means this instance is controlling all the free will of those people. History shows it can be done, but for a hefty price and I was born into such an experiment I consider failed all in all.
So I am not a free market fanatic, but I see the growing authorian tendencies very critical.
Btw. next time you come to criticize me, maybe check the guidelines yourself first.
"When disagreeing, please reply to the argument instead of calling names. "That is idiotic; 1 + 1 is 2, not 3" can be shortened to "1 + 1 is 2, not 3."
I'd at least have expected some more original retorts than just canned slogans though.
There Is No Alternative
I merely replied to the very orignal and never tried out approach of "controlling the economy" indeed with the standard response. If you are willing to debate alternatives for real, I am all ear. But yes, totalitarian approaches I will not like.