Showing posts with label liberal capitalism. Show all posts
Showing posts with label liberal capitalism. Show all posts

Saturday, June 11, 2011

Markets don't solve problems, people do.


What if there is no perfect solution? A lot of people certainly believe there are such things for the problems that arise from the complexities of life. I personally believe a great deal of the desire for there to be a deity comes from the yearning that their be perfect solutions. The entire concept of the Kingdom of God on earth comes with the belief that it will usher in perfection.

I, however, tend to think there are no perfect solutions. I believe there are only human solutions and human solutions will tend toward imperfection since humans themselves are imperfect. What exist are choices between imperfect solutions. Market liberals, such as myself, do NOT advocate markets because they promise perfection, though we do advocate markets.

And I know some fellow travelers who do seem to operate under the illusion that “markets” can solve every possible problem. You hear it with terms like “the market will take care of it.”

But markets don’t take care of anything. Markets can’t solve problems because markets are not sentient beings. They don’t understand problems; they can’t consider solutions. They have no brain. In one sense they do not even exist.