I don't agree with the conclusion. We can scale down our economies and still maintain production of essentials by ` `drumroll` ` scaling back shit that nobody needs. Starting with an overblown healthcare admin system in the US, IMHO, but also including less inflammatory non-essential things like yet another range of plastic toys and luxury perfumes and and and. Essentially in this scenario, we should take this as an…
> scaling back shit that nobody needs The “shit” nobody needs is the main point of living: music, art, science, sharing, pets; the crap you desire versus the essentials. If we only got what we needed to survive (food, shelter) that would be a pointless and depressing life.
I'm all for a Hayek/Friedman approach to the markets, but I think even they would consider above trivialities in comparison with things like a supportive family, spiritual nourishment, a shared culture, social stability, etc. etc. The market needs to be kept in perspective. If all of that (illusory) choice was vastly attenuated tomorrow, people would quickly adapt.