Ok! . Ultimately, cooperation = coercion, and coordination = freedom.
Can coordination proceed without trust? It depends on the efficiency and form of information distribution! ...one only needs trust that the system of coordination has coherent structure, not trust in the reliability of any individual in the system.
...what is being trusted when one trusts the system's structure is only that which has evolved naturally over thousands of years.
Using money is a good example? Market activity would be another?
One only has to trust that the good and evil in human nature will repeat itself. This is a Smithian concept. It is limited over eons of time, however, where human nature becomes changed by technology.
OK. We have the same tendencies. Our differences lie in those we emphasize.
...rule of law isn't necessary only sufficient for capitalism to operate, and degree of sufficiency admits degree of efficiency.
OK
How about agri-business. Are you saying that the Chinese can't consolidate?
Of course they can. I said "and to businesses". What I had in mind was effectively something like the clearances. I don't think it necessarily will take the chinese as long to desert countryside as it took the US. They seem to be doing it at an amazing rate.
Point of fact, it(SBUX) does, even the baristas. It doesn't do enough of it. But I take your point with regard to other companies.
Doesn't do enough is byzantine.
Yes it is byzantine. I wasn't clear. SBUX is making a contradiction. On the one hand they encourage employee stockholding, and on the other they offer a healthcare plan. They'd get more of the kind of worker that would add value if they stuck to the former.
Then why is the US becoming the slaves of China? The US, like GM's auto workers, are choosing slavery. They like it. Someone takes care of them.
But it's still their choice. There is no gun to their heads. Some drop out and start their own business.
I agree there is a problem of education and dependency.
employment with any given employer is voluntary.
Do people have the right not to work?
I'm puzzled by your question. I don't see it connecting in an obvious way to what I posted. |