The thing that makes markets work is the struggle. A Darwinian survival of the fittest in a way. Once the struggle is over and only one contestant remains, the results are generally dystopian.
Also I believe that even when working optimally the Darwinian mechanism can't solve certain problems. Some things need to be dealt with by a group of motivated people working for other goals than profit.
Markets gave us compuserve and facebook while CERN gave us the open web, for example.
Also I believe that even when working optimally the Darwinian mechanism can't solve certain problems. Some things need to be dealt with by a group of motivated people working for other goals than profit.
Markets gave us compuserve and facebook while CERN gave us the open web, for example.