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more on How the permissive capitalism of theboom destroyed American equality.


From: Dave Farber <dave () farber net>
Date: Mon, 21 Oct 2002 17:59:30 -0400

Just for the record, the "your" is From: Dana Blankenhorn
<danablankenhorn () mindspring com> not me. Djf


------ Forwarded Message
From: Einar Stefferud <Steflist () thor nma com>
Date: Mon, 21 Oct 2002 14:42:11 -0700
To: dave () farber net
Cc: ip <ip () v2 listbox com>
Subject: Re: <[IP]> more on How the permissive capitalism of theboom destroyed
American equality.

Your analysis suggests that all of those "good new idea things" would have
happened without the investors and entrepreneurs.  It is my estimation that
the lack of any need to control them (assuming no one had invested) would
have removed the needs for regulation because there would have been nothing
to regulate.  And the world would simply now be without them, as well as
without the desired regulation.

It would be more sensible to recognize that newly disruptive technologies
tend to lead to disruptions of social economic structures and then, if they
grow into monopolies, require some changes in market regulation, not the
other way around.

In general, I find the the egg always precedes the chicken;-)...
No free thought, no new ideas.  Ideas do not generally precede thought.

When in historical memory has prior regulation led to creation and
advancement of disruptive technologies?  And, how might you build prior
restraint into a system that holds great value in freedom of speech and
thought?

So, yes, good try;-)...

You have attempted to climb to a higher meta level, but you still have not
yet reached a useful meta level.  You would only violate some of our most
valued social values, and have stopped most all technological progress
(which seems to require new free thinking).  Perhaps you are thinking (along
some lines) that all technological progress is a generally bad thing, as
follows from your meta logic.

This reminds me of The Destruction of Machines in Erehwon.

To control new thinking is to stop new thinking and thus stop all manner of
"bothersome or scary new ideas" like the Internet and railroads and auto's
aeroplanes and electricity and such!

I suggest looking at some of the ideas floating about in the field of what
is called "Chaos Theory" which suggests that to prevent new species or
prevent new MEMES from being formed is not much of a good thing.

Cheers...\Stef


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