Earlier quoted context omitted.
The economy that you describe, is the simplified econ 101 version. The market fixes everything, and the invisible hand steers everything to optimality. The human being you describe in your last paragraph is from the same economics textbook: A perfectly rational human being making rational decisions 24/7. Both are simplified models that help doing some undergrad economics...but are absolutely insufficient to explain t…
The alternative to letting the individual determine what they want is to let someone else choose for them. I’m arguing on fundamental principles because the parent commenter is advocating a reorganization of market-based economies. I don’t care how complex the system is. If you aren’t letting me, the individual, determine what is best for my life, then you are coming from a place of superiority and belief that you kn…
So, yes. I do. And you do too.
We also don't need humvees. Or diamonds.