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46 Views • Jan 19, 2023 • Click to toggle off description
Views : 46
Genre: Education
License: Standard YouTube License
Uploaded At Jan 19, 2023 ^^
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RYD date created : 2023-01-20T14:48:05.441391Z
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4 Comments
Top Comments of this video!! :3
The foundations of the inefficiency is at the base level and that is farming. Massive amounts of energy are spent getting food from seed to your mouth, farming has become so normal that it’s hard to imagine a world where there’s a rich variety of flora that would naturally grow wild or the gentle gardening (all that hard work of growing, storing, wrapping, logistical transportation, shopping, unpacking, finally to the plate would certainly lessen) encouraged by rain soil and sun. The money system is a form of communication if rethought could start to reflect an authentic honest communication (people talk about gold and silver backing the money but a better foundation would be truth beauty and vitality, basically life). We can start to build something holistic and in alignment with a healthy balanced human being when our communications with one another can easily flow to build a better life as a whole, ie power lies within the communication, and those whole hold power in communications have power over many hence why we could do with learning how to listen to one another speak from our hearts and learn from the wilds of nature on such a path.
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I'm not sure I would say that it's beaten into our heads that the markets are perfectly efficient. A lot of the books I've read propose the ideas of market efficiency and market inefficiency and show the truth and the falsehoods of both ideas. I think it's interesting that you are juxtaposing people's fears of capitalism and libertarianism. Maybe I'm just misunderstanding what you are trying to say but I would agree with you that perhaps libertarians think markets are efficient and yes clearly people not being paid right and stuff is the proof in the pudding that the libertarian fable is false. But I just wouldn't say that the people who think capitalism is bad are libertarians. Anti-capitalism seems to be a leftist thing and libertarianism seems to be a right-wing thing.
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@auri2501
1 year ago
Well it depends on the definition of market efficiency. For me, it is efficient. For instance, arbitrage is not possible - and if the market finds out about a new way for arbitrage, it deleted this way - on its own, in couple of seconds if you will. Pretty efficient to me.
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