In real life there has always been a big debate on what principles should govern the science of economics.
Mainstream Economics or Keynsian economic theory is what rules the field of economics today. It has been built on a foundation of number and weak foundations. While it has helped the capitalist economy we have today... I do not believe this is the way for gaia to follow.
Economics is more closely related to Psycology more than anything else. Any time you reference supply and demand... you are reffering to how people react to events. It is a huge guessing game... yes you can have statistics within math that helps with chance but it proves nothing. It just shows how many different outcomes there are or how often a "possible" solution occurs. Plus mathmatics is an abstract solution. The meaning of numbers are always misinterperated if not carefully examined.
Austrian theory focuses more on who, what, when, where, and why without the numbers. In all honesty it holds more logic than numbers. The foundation is based off of explaining "how it happens" and is considered a newer way to look at society.
In other terms its the "theory of human action and the consequenses of choice."
I beleive that this is the way the economy of gaia should be veiwed. Plus it leaves free trade at 100%. Gaia does not belong within the grounds of Capitalism.
 |
Reply
|
|
||||
|
||||||
|
|
|
|