The Greater Good? Three Branches of Economics, Three Group Strategies

Apr 28, 2017 2:50pm

We do not ever know the ‘greater good’ and we are continually saturated with lies as to possible ‘greater goods’ and impossible greater goods. And it turns out that all successful appeals to ‘greater goods’ are in fact, merely pretenses for parasitism.

Because we are forever ignorant, we cannot know goods, or truths, only bads or falsehoods. As such the greater good can only be obtained by removal of known bads: the natural common law of torts. The demand for reciprocity. And the punishment of offenders.

By this (via-negativa) removal of bads, only voluntary market-produced goods can be brought into existence, in any form, whether as material goods, services, or information for consumption or as material goods, services or information for direct investment, or for material goods, services, or information for the production of commons as an indirect investment.

By profits from the (via-negativa) removal of bads, and the production of the voluntary organization of production of private, semi-private, and common goods, services, and information, we are then able to insure one another against the vicissitudes of nature.

In the literature we find:

1) Totalitarianism of the underclass socialists to use discretion to organize production and perform discretionary redistribution of proceeds as a means of aggressive transition of people from a state far behind competitors; This approach requires existential information to make use of, and is indifferent to the demographic quality, and absence of market economy.

2) The progressive ‘representational’ use of pareto optimums to justify forcible redistribution and the expansion of the dead weight of the underclass (Rawlsian social democracy) as a means of using population to defeat competitors. This approach requires existential market economies to make use of reduced production of information.

3) And we find the conservative ‘aristocratic’ use of Nash equilibriums (classical liberalism/contractualism under natural law) to justify meritocracy and voluntary cooperation and eugenic reduction of the dead weight of the underclasses as means of remaining ahead of competitors. This approach requires existentially reduced lower classes, existential market economies, and existential high trust within that economy to function.

4) To support these three literatures we find three branches of economics:
a) the “Saltwater and Discretionary School”.
b) The “Freshwater and Rule of Law School”
c) The “German/Austrian Political Economy School”

I can answer further questions about political models, demographic demands, and the supposed wisdom of crowds, but you wouldn’t believe how much of the totality of political thought is contained in those few paragraphs.


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