[consulting] Returning to a solution
sami at etopian.net
Mon Aug 10 21:06:08 UTC 2009
On Mon, 2009-08-10 at 14:02 -0700, Domenic Santangelo wrote:
> Sami Khan wrote:
> > If it is true that your statement is true, then the United
> > States is pretty much screwed as there is no way that the government or
> > anyone else can support that many greedy people.
> Smith's Invisible Hand concept addresses this point: it is because the
> self-interest of the seller and the self-interest of the buyer intersect
> that a market exists. Of course more generally, Smith posited that this
> self-interest unintentionally benefits society as a whole ("an actor is
> led by an Invisible Hand to promote an end which was no part of his
Yes, but Smith did not think about game theory and zero sum games which
is what we are talking about with the categorical imperative. Everyone
acting in their self-interest does not mean the best outcome. Read the
prisoner's dilemma on wikipedia.
> I can anecdotally relate to this point -- do we not encourage our
> clients to contribute work back to the community ("society", as it were)?
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