30 January 2011

A proper deservedness

The survival of the fittest is understood to imply the survival of the most deserving, but how do we know survival implies deservedness? Survival could also come to the most ruthless, to those most willing to mortgage away their survival in the long term in favor of their survival in the short term so that those who are superior in long term survival never get there because they cannot make it through the short term. 
Marginal revenue equal marginal cost signifies deservedness but how well, in fact, do the revenues and costs reflect a proper deservedness in the system?

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