[jwalsh07]

I think you are misunderstanding the author. He was referring to the world economy as a whole not to a tiny process in one factory.

I think you misunderstand markets. Markets are simply the sum total of individual initiative, profit motive, direction and planning (preferably not the central kind). Take away those and there is no market.

Now what happens if you remove individual initiative, profit motive, direction and planning from evolution?

[jennyp]

I think you misunderstand markets. Markets are simply the sum total of individual initiative, profit motive, direction and planning (preferably not the central kind). Take away those and there is no market.

Now what happens if you remove individual initiative, profit motive, direction and planning from evolution?

Everything dies.

But as it is, every living thing has just enough intelligence to interact with their surroundings well enough to reproduce & in some cases eventually evolve. Every living thing has a profit motive. There is no direction to evolution. There is no planning. Just individual actors going with what they're endowed with at birth, and the ones whose "business plan" works for them, get to spin off new copies of themselves, which may or may not be the same as themselves. Ad infinitum.

What a system!