There is an Elvis Costello song on his *Brutal Youth* album that captures 
last month's economic discussion perfectly.  It mentions someone "Reading Das 
Capital, while watching Home Shopping Club."  In more ways than one, this 
seems to reflect the spirit of our discussion and of many of our views. 

For example, one way that this statement can be read is that modern economies 
are already a mixture of both.  Nobody in this list really pleaded for total 
central command communism, and nobody argued for unrestrained capitalism.  
The arguments were more on the balance than on the extremes.

A second interpretation that contributes to the discussion is to reveal how 
any given culture can be a budding seed for the opposite.  Sceptics on the 
left can smile to themselves with this phrase and conceive of someone 
"intellectualizing about the values of socialism while living in the vacuous 
wealth of capitalism." Someone on the right can take it as "dreaming of 
luxury and freedom while living in the poverty of a brainwashing socialist 
state."  Or perhaps critics on either side could read it as someone "reaping 
the benefits of one economic system (pick your favorite), and inconsistently 
asking for the opposite, with no thought given to what this really entails."  
One benefit of a great pop lyric is being able to interpret it in lots of 
different ways.  Elvis is the master of this technique (for the record, he is 
unabashadly liberal!)

The final way to take in this lyric is just to appreciate the long term 
inevitability of social and intellectual quality as history continues its 
slow but inevitable march toward better outcomes.  I frequently read history 
of the world/science/art/societies/etc, and I never fail to be thankful -- 
considering everything -- to be alive today rather than in any other era.

I agree with the majority that our static values color our views on the free 
enterprise/planned economy spectrum.  The MOQ warns us to expect as much.  
But it tells us more.  It also tells us that we should expect and value 
movement away from today's static patterns in search of undefined yet higher 
quality future states.

In an increasingly borderless world, where economic vibrancy is defined more 
in terms of ideas than material, higher Quality socioeconomic solutions are 
extremely likely (though not inevitable).  Those economies, whether leftist, 
rightist or centralist that are able to generate and take advantage of ideas 
the fastest and the most efficiently and most inclusively with the least long 
term harm to the environment and intellectual values will be rewarded with 
economic and social and intellectual vibrancy.  Those avoiding or missing out 
on opportunity will be punished (if not absolutely, then at least 
relatively).  Resources -- material, mental, physical, political, martial, 
economic and intellectual -- will go to those cultures and environments where 
ideas can take root and blossom and will flee from those fields more barren.

Viva La Evolution!

Risky


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