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To: jennyp
And if the economy was a designed entity like you seem to believe it is, then Communism, or some other kind of technocratic or corporate-fascist dictatorship, would be a much more efficient system for maximizing the wealth of nations than free market capitalism.

What "economy", describe what you are talking about. You are shotgunning terms and claims left and right.

320 posted on 10/18/2002 3:33:41 PM PDT by AndrewC
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To: AndrewC
What "economy", describe what you are talking about. You are shotgunning terms and claims left and right.

I mean the modern free market economy. It runs on relatively simple, clear legal rules, but outcomes per se are not mandated. It's a complex, unplanned, chaotic system. Individual employees, consumers, investors, and companies use an enormous amount of collective brainpower to try to survive & succeed in this system, yet they cannot design the system itself. They can only react as their industries or regional economies (or the overall economy itself) change around them.

327 posted on 10/18/2002 3:56:10 PM PDT by jennyp
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