From: tcmay@got.net (Timothy C. May)
Date: Tue, 30 Jul 1996 14:51:25 +0800
To: cypherpunks@toad.com
Subject: Re: e$: The Demographic "Transaction" (was Re: Schelling 	  Points...)
Message-ID: <ae22daac050210049d05@[205.199.118.202]>
MIME-Version: 1.0
Content-Type: text/plain


At 2:36 AM 7/30/96, Arun Mehta wrote:

>Socialism as an economic philosophy is fairly discredited, and is
>on its way out without my expressions of outrage needed to help
>it along. Yet, the capitalist economy seems to be no better at
>dealing with extreme poverty.

Really? Extreme poverty seems to be its own reward.

So, I think market economies are dealing with the incompetent and/or the
lazy very well.

(This may sound harsh to many of you, but think about a world of seven
billion souls, many of them living at the margins of survival. Not much
more could be expected, no matter the economic system. In particular,
command economies have not been more effective. Think about it this way: in
100 years, who cares if a billion or so folks lived only an average of
38.37 years instead of 41.91 years?)

--Tim May

Boycott "Big Brother Inside" software!
We got computers, we're tapping phone lines, we know that that ain't allowed.
---------:---------:---------:---------:---------:---------:---------:----
Timothy C. May              | Crypto Anarchy: encryption, digital money,
tcmay@got.net  408-728-0152 | anonymous networks, digital pseudonyms, zero
W.A.S.T.E.: Corralitos, CA  | knowledge, reputations, information markets,
Licensed Ontologist         | black markets, collapse of governments.
"National borders aren't even speed bumps on the information superhighway."