Saturday, June 16, 2012

Free Market Punishments



On Jun 16, 2012, at 10:10 PM, A.M. A. wrote:

Now guide me to some thoughts in your system on the idea of "scarcity" in an economic, resource development, technological sense as expounded by Buckminster Fuller...scarcity going against the lilies of the field, etc....

***The free market emerged to sort out demand for what is scarce...  by prices the market signals where an opportunity might be (distilled water in a shortage) and everything goes to the highest bidder, who is not necessarily the richest.  The primary reason for the market is to deal with scarcity.***

Also today I posted that there can be no large companies in a true free market...only thriving small to medium sized enterprises.  Correct?

***No idea.  We do know that the communists wrecked the idea of the collective by making them huge at the point of a gun.  What is the rational limit to REI?  There is none, but comes a time when it is inefficient to manage, so other collectives do a better job, on the margin, at some point.  

There would be no corporations because they are for exploitation.    We do need cheap commodities, and those come from large enterprises, because they command buying power which lowers the price of their products.  Cheap and plentiful cell phones.

But keep in mind, with no IPR, we get to commodity faster than a biz can grow...***

And if some m***er is cutting his baby formula with poison he needs to be shunned today...not going through some free market rigamarole.

***Hang on, it is corporations who do that.  When was the last time a deli decided it was worth it to kill their customers?***

 I know half-time  sports event public executions of the latest crop of culprits is...alas... 

***I know you are kidding, but you stumbled on it.  Say someone is getting shunned.  They begin to starve.  In Sharia law, closer to what God advised for mankind, the victim sets the punishment, but no farther than eye for an eye.

So say some mugger has hurt someone, and that someone says  I've got $10,000 in medical bills and another 10k in lost opportunity.  

The mugger has no money, and is starving in being shunned.

So "Tony's All Star Correction & Entertainment Company" contracts the villain to be caned for his mugging.  The mugger contracts to take the caning, and you charge to watch, live and pay per view.  With TV rights, you get the $20k covered easy, and some profit.  Society is satisfied the mugger has paid a price and no longer shuns.

But notice even submitting to punishment is voluntary. Like Jesus.

Man mugs old lady.  Caning at 11.

John


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