10 January 2011

Algorithms won't solve that problem

Free markets engender competition that delivers the agon of struggle so that merit and just deserts can prevail. The point isn't the competition, what is compelling is the rightness of the outcome of that competition. At least, that’s the thinking. 
From each according to his capacity, to each according to his need is another attempt at justice-as-rightness. 
Neither system tells us how to manage the surplus. 
Algorithms won't solve that problem, treaties will. To manage the surplus we must first divest ourselves of the gifts, and we must build social mechanisms for eliminating the surplus in the most socially productive fashion. 

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