What about the notion that competition will produce the best, individual rational man maximizing his self-interest and profit, may the best man win, the fittest man, roughly speaking ?
Aren't the rich rich because they are the fittest economic competitors, naturally constituting themselves as economic overseers ? How is it that NC explains that some people become richer than others ? Charles * From: Michael I don't think that most economists would admit to believing in a hereditary component to the class system. Individual initiative can lift anyone out of poverty and into prosperity, according to this theory. On Fri, Jul 28, 2006 at 08:07:11AM -0700, Jim Devine wrote: > no. The Chicago school (Milton Friedman _et al_) and neo-liberalism > are effectively versions of social darwinism, but most of the rest of > NC economics isn't. > > On 7/28/06, Charles Brown <[EMAIL PROTECTED]> wrote: > > > > > > Is neo-classical economic theory a version of social darwinism ? > > > > Charles > > > -- > Jim Devine / "An economist is a surgeon with an excellent scalpel and > a rough-edged lancet, who operates beautifully on the dead and
