= 27d567bc2d48d9f40e9ccc20ea370b15)
ChristianKl comments on Open thread, Oct. 13 - Oct. 19, 2014 - Less Wrong Discussion
You are viewing a comment permalink. View the original post to see all comments and the full post content.
= 783df68a0f980790206b9ea87794c5b6)
Loading…= b715d02e85f7b3b4ae65ca3d3e450868)
Subscribe to RSS Feed
Powered by Reddit
= f037147d6e6c911a85753b9abdedda8d)
You are viewing a comment permalink. View the original post to see all comments and the full post content.
Comments (355)
A economy isn't structured with a purpose to use something. Economies self organize. The structure themselves and people try to provide services for prices that customer want to pay.
This means that anybody in the system who sees an inefficiency can make money by eliminating that inefficiency. In hierarchical organisations usually only people at the top can redirect resources and the people at the top often don't have all the information.
In our system we have a plurality. We solve some problems via hierarchical organisations and others via markets. In cases of big corporations that have their own hierarchies there a mix.
Interesting points about hierarchical organizations.
I'm confused about why you say that "A economy isn't structured with a purpose to use something. Economies self organize". Doesn't private ownership and other features of capitalism make it possible for this self organization?
Looking at the features of a real world system and analysing those features is different than something being structured for a purpose.