At 06:49 AM 8/31/2010, you wrote:
That's well said and
absolutely true :)
Self interest runs the
world and for the most part is a good thing because it motivates people
to do more than the minimum required, to create great innovations, and
find ways to be the most efficient. This has been an interesting
conversation (at least it hasn't devolved into name calling like the last
heated off topic outburst).
In my opinion the great counterbalances to greed (too much of anything is
bad) is responsibility and accountability. Many people that
complain about greed are not taking responsibility for themselves (I
don't think the examples on this list fit that). The biggest
example of lack of accountability I've seen is in our Government.
They act as if the money they take from us isn't our money. I wish
every thing they spend money on was subject to a public vote. It
would slow pork barrel spending for sure.
Socialization sounds like a great idea until you see it in action.
My wife works in healthcare and sees it every day. People from
Canada come HERE for treatment because they can get it NOW and get the
best medical care they can afford. When you take away the
motivation to do more people do less, they don't innovate, they don't
look for ways for greater efficiency. In a lot of ways well meaning
laws get in the way. You just can't break into the medical industry
because of all the bureaucracy involved from our government and
beyond. If I came up with a cure for Cancer in a lab in my house it
would have zero chance of making it into the world without going through
a gatekeeper. The SYSTEM is broken because of too much
bureaucracy and too many gatekeepers.
It's people like us that can make it change. Look at Linux.
If it had a single 'head' someone would have sued it out of existence but
since there is no single point of control the will of the community moves
forward despite those that would try to cheat. Oracle buys MySQL,
MySQL forks several ways. Freedom persists. We've removed
almost all of the bureaucracy from Linux and the best of the best moves
forward. It's amazing how far Linux has come since I started using
it in 1993. Open medicine would have the same effect.
Here is an interesting medical group:
http://www.canaryfoundation.org/index.cfm