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Pastimes : Let's Talk About Our Feelings!!!
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To: Father Terrence who wrote (7572)4/30/1997 10:28:00 PM
From: JF Quinnelly   of 108807
 
Terry, your description of the workplace reminds me of the academic model used for teaching supply and demand curves in economics. That model assumes the state of "perfect competition", in which there are no barriers to entry, all goods can be substituted for each other, there is ease of entry into, and out of, the market, and so forth. The problem is, there is no such thing as "perfect competition" in the real world, the closest thing to it is some forms of agriculture. Economists use the model of "perfect competition" merely as a teaching tool, and don't try to make it the basis for a political philosophy. Sometimes libertarian and Randian thought sounds like an odd form of Marxism, in that it tries to reduce everything to an economic nexus, and a flawed one at that.
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