Economic Darwinism Vs Economic Creationism

@gewcew23 (8011)
United States
November 14, 2008 2:22pm CST
A question coming up that has to be answered by every American is do we want an economic system governed by survival of the fittest or governed by an intelligent designer? You cannot choice both, only one can be used. The mechanism of both are just not compatible with each other. We hear every day about how government is going to save the economy, but what government is actually doing is inserting itself as an intelligent designer of the economy. With government acting as the "God" of the economy there is no need for natural selection in the market place, but is that what we really want? Do we really want government in that position to decide companies survive and what companies go extinct?
2 people like this
11 responses
• Australia
15 Nov 08
Pardon my laughter. The government has ALWAYS been involved in the economy, even under that abomination free market fundamentalism. The government sets the tariffs and subsidies (the US has one of the most subsidised agriculture systems in the world, because it is incapable of competing on a level playing field), the taxes, the regulatory systems (such as they are in the US), dictates economic policy, and generally acts as an economic designer. Whether one calls the free market model that has been in vogue for so long intelligent or not depends on your basic ideology, and mine says that it isn't even vaguely intelligent. All that is going to happen under a new administration is a change in policy directions, and probably less laissez-faire design. About time, I say. Economic Darwinism only applies to businesses which don't have clout in the corridors of power, and always has. Lash
2 people like this
@laglen (19782)
• United States
15 Nov 08
No I think government needs to get it's hands and my money out of this! I don't know who these people think they are. We as a country need to vote them out! Goodness sake our tax money is tied up now in off-shore accounts, paying for paties for companies, bonuses I don't want to go on. This makes me so mad. It kills me that citizens are ok with this. I think it needs to be survival of the fittest. It is not up to the government to run these businesses. I think everybody should pick up a copy of Ayn Rands Atlas Shrugged, maybe this will open some eyes.
1 person likes this
@gewcew23 (8011)
• United States
16 Nov 08
Atlas Shrugged is a good book and enjoy ever page. For such a long book it is a page turner.
@sirnose (2440)
• United States
14 Nov 08
Yes, that's what is going on the government is becoming the "Wizard of Finance"...and everyone has got their hand out for one reason or another we might as well get use to this looks like "Uncle Sugar Daddy" is here to stay...helping out his rich cronies......
1 person likes this
@gewcew23 (8011)
• United States
14 Nov 08
Government being a sugar daddy with someone else's money.
@jonesy123 (3950)
• United States
14 Nov 08
Well, if I have the choice I'd rather have economic Darwinism. Looks like the government is doing a rather bad job at trying to save the economy but a very good job at trying to save their buddies. I don't expect that to change in the next four years either. The stimulus packages and the bailouts are a hoax to make us feel better so we spent more to get the economy going. Just doesn't work anymore, especially since the bailout only went into the mangers coffers anyway. The government does a patch job and a bad one at that. If this would be a contractor fixing up a house it would collapse, lol. Looks like a government lead intelligent design isn't working other than we all end up praying for the real God to save us somehow.
1 person likes this
@gewcew23 (8011)
• United States
14 Nov 08
The problem is government is not a god but is controlled by a bunch of infallible humans. I fell so sorry for those that are always looking to government as their savior.
@pauld43 (194)
• United States
15 Nov 08
Maybe the government should just step back and let the chips fall where they will. I know that it would be painful, but lets face life in general can be painful. One thing that it might insure is, that the well managed companies that are doing what needs to be done would be the ones left standing, and the ones that have been giving a lackluster performace would fail. Is that how it should be? If I go to work and don't perform reasonably well, my pay could go down or I could be out of a job.
1 person likes this
@suspenseful (40316)
• Canada
15 Nov 08
The market should make its own rules. The government should not get into the market place, because then it will decide who will survive and who will not. It will be that the government may decide who is fired and who is hired based not on ability but on either race or s*x and it will not care about the ethnic makeup of that particular area. There should be no favoritism of companies.
1 person likes this
• United States
15 Nov 08
There is an old saying in the economics world: Capitalism is a great idea that no country has ever fully tried. No country has ever fully accepted the capitalist ideals because it is based on the idea of taking risks, and chances, and being rewarded for those. The problem is that taking chances do lead to failure, and there are people that can't accept this type of risk. We really do not have a Capitalistic economy, it is a mixture between capitalism, and socialism. I hate to tell you this, but our economy requires both for it's growth, and if you remove one, or the other, our economic system would fail. Just look at the banks, they have lost TRILLIONS of dollars, and have destroyed the most power economy in the worlds history. This is one industry, but if we didn't bail them out, then we would be in a depression right now, and our government can't allow that to happen. There is No right answer to your question, because they are both necessary for our current economy to survive, unless you feel that our economy should fail.
1 person likes this
@xParanoiax (6999)
• United States
15 Nov 08
Intelligent design by natural selection would be my answer. Who says the government has to be God? (Power to the people!) ..*cough* Anywho..._ I'm afraid that I'll choose nature over nurture any day, when it comes to the economy. The government should never be trusted with something that gives them complete control over your life.
1 person likes this
• United States
15 Nov 08
I think you have to have both. They're not mutually exclusive. Regulation is needed (and sorely lacking in recent years). And some industries are too important to the national interest to be allowed to fail completely.
1 person likes this
• United States
14 Nov 08
Mankind is really too stupid to understand the difference between which companies should survive and which should not. The primary problem is the lack of skill possessed by mankind in foretelling the future. Only by being able to know the future could anyone decide which company to save or not. Of course, God can tell the future and if He was the intelligent designer picking which companies to save or not, I'd go the intelligent designer route, but if He is not the one doing the choosing, we should go with survival of the fittest. Companies that can make it on their own demonstrate they are best equipped to handle what may come.
1 person likes this
@Destiny007 (5820)
• United States
14 Nov 08
Why would anyone want a system that does not work. Socialism has failed everywhere that it has been tried. Even our so=called free market isn't free because of the many government regulations that are stifling it. Capitalism is not what created the mess we are now in, government interference in the free market did.
1 person likes this