One minute
Markets are cultural acid
A recurrent thought, inspired by Jane Jacobs, James Scott, WEIRD psychology in general, globalism. It really feels like something valuable is lost when you open up unrestricted market competition - the ease and liquidity of optimizing for money systematically erodes all other forms of value.
Most obvious among friends if you start quantifying the value your friends have to you, relative values of gifts and services etc. Business relationships and personal relationships are not fully compatible.
Counterargument: markets are just another tool, and one that pushes towards more cooperation and cultural creation, not less (due to more positive-sum bargains being possible).
2021-08-31 02:13