|
|
#1
06-01-2007, 04:46 PM
|
|||
|
|||
A random walk through the market
The market is not perfect! [img]/images/graemlins/shocked.gif[/img] Anyone who says it is is wrong. Some people are mean and evil, some worthy people fail, some unworthy succeed. But the market is self correcting. In a free market 'bad' firms (judged to be bad by consumers) go out of business and 'good' firms flourish (for why and how see a myriad of other posts on this board). This doesn't mean what people say are good and bad but how they act towards good and bad. Someone who spends their days decrying sweatshop labour conditions then goes and buys cheap sneakers without checking doesn't care about sweatshops no matter what they say.
The market isn't perfect and definitely isn't a straight line upwards but neither is it a truly random walk. It has an upward trend. Imagine rolling a die 1,000,000,000,000 times but the faces of the die are -2, -1, 1, 2, 3 and 4. There will be peaks and troughs and for a while things will look bleak but the trend is always upwards. This is why arguing specifics is not really helpful (look at this big dip here isn't the market awful) you can only argue the overall logic and direction of the market. The state on the other hand is drifts downwards. The faces on it die are reversed. Sure the state can help some people sometimes but pointing to an individual peak without taking in the whole picture is just as silly. A common tactic of the statists here is to point to what is a peak under the state and may be a trough in a free society totally without context and then dismiss the whole idea based on that tiny snapshot. Then the ACists get pulled into responding to specifics and the whole thing gets buried in minutia. Just remember the line sometimes stumbling sometimes dipping but surging ever upwards in the long run. 
|
|
#2
06-02-2007, 12:41 PM
|
|||
|
|||
|
Re: A random walk through the market
Too obvious? I thought this post would add at least some value. [img]/images/graemlins/smile.gif[/img]
|
|
#4
06-03-2007, 11:37 AM
|
|||
|
|||
|
Re: A random walk through the market
[ QUOTE ]
The market is not perfect! [img]/images/graemlins/shocked.gif[/img] Anyone who says it is is wrong. Some people are mean and evil, some worthy people fail, some unworthy succeed. But the market is self correcting. In a free market 'bad' firms (judged to be bad by consumers) go out of business and 'good' firms flourish (for why and how see a myriad of other posts on this board). This doesn't mean what people say are good and bad but how they act towards good and bad. Someone who spends their days decrying sweatshop labour conditions then goes and buys cheap sneakers without checking doesn't care about sweatshops no matter what they say. The market isn't perfect and definitely isn't a straight line upwards but neither is it a truly random walk. It has an upward trend. Imagine rolling a die 1,000,000,000,000 times but the faces of the die are -2, -1, 1, 2, 3 and 4. There will be peaks and troughs and for a while things will look bleak but the trend is always upwards. This is why arguing specifics is not really helpful (look at this big dip here isn't the market awful) you can only argue the overall logic and direction of the market. The state on the other hand is drifts downwards. The faces on it die are reversed. Sure the state can help some people sometimes but pointing to an individual peak without taking in the whole picture is just as silly. A common tactic of the statists here is to point to what is a peak under the state and may be a trough in a free society totally without context and then dismiss the whole idea based on that tiny snapshot. Then the ACists get pulled into responding to specifics and the whole thing gets buried in minutia... [/ QUOTE ] There's only one question about AC: Will it result in a stable society that is better than what we've got now? The niggling issues you're discussing are shadows cast by that single issue. Unfortunately (if you're an AC), because this is the question, yes, AC's have to deal with minutiae... if, that is, you define things like intellectual property protection, and the panoply of innovations it has led to, as "minutia".
|
|
#6
06-03-2007, 11:59 AM
|
|||
|
|||
|
Re: A random walk through the market
[ QUOTE ]
There's only one question about AC: Will it result in a stable society that is better than what we've got now? [/ QUOTE ] The status quo is justified by virtue of being the status quo.
|
|
#7
06-03-2007, 02:29 PM
|
|||
|
|||
|
Re: A random walk through the market
[ QUOTE ]
[ QUOTE ] There's only one question about AC: Will it result in a stable society that is better than what we've got now? [/ QUOTE ] The status quo is justified by virtue of being the status quo. [/ QUOTE ] You realize this doesn't work right? Cody: Hey P, I've got a great idea for government, let's all grab a gun/knife/etc and have a battle royale to determine who's left and who can lead PVN: Well for starters that's insane Cody: Pssh, "the status quo is ok because it's the status quo" If someone is suggesting something that has a decent potential for instablity, then it merits discussion and fleshing out. Cody
|
|
#8
06-03-2007, 03:28 PM
|
|||
|
|||
|
Re: A random walk through the market
[ QUOTE ]
jogger, Do you like  oluntary relationships? [/ QUOTE ] In general? Absolutely. I like Arby's too, but I'd just as soon people didn't try to replace government with it. (That said, if the movement does take hold, we could turn your sign upside down and make a very nice 'A' to help identify other Arbo-capitalists.)
|
|
#10
06-03-2007, 03:55 PM
|
|||
|
|||
|
Re: A random walk through the market
[ QUOTE ]
[ QUOTE ] jogger, Do you like oluntary relationships? [/ QUOTE ] In general? Absolutely. I like Arby's too, but I'd just as soon people didn't try to replace government with it. (That said, if the movement does take hold, we could turn your sign upside down and make a very nice 'A' to help identify other Arbo-capitalists.) [/ QUOTE ] Since you don't have a picture for your profile, I made one for you: 
|
 |
|
|
Linear Mode
