Rants from an gamer

[vlad321]

Mr Khan said:

vlad321 said:

Mr Khan said:

vlad321 said:

 

Your last argument is a lot more along the lines of "teach to fish, give fish," in which case it is more practical to fix the problems in Africa than to just give them aid. That would require a lot more work than people want to put into it (because lo and behold, there is no immidiate pay off to it and capitalism is broken like that).

Honestly by far the best economic system, and from it social, would be to just find a solution as close to the optimum as possible given game thoery. Considering that the way we work right now is the way Nash pointed out, which is literally the explanation of how capitalism works, we should learn from his work and notice the optimum is different than his equilibrium. Basically, when everyone acts in their best interest the result is that the equillibrium is almost never the optimum result. We just have to find a way to put down the optimum result and then enforce it. It would solve many many problems.

Right, the problem being that optimum is what we endlessly debate in all the fields of philosophy or theology. Thus the only thing that could enforce the optimum at the end of the day is a dictatorship, and even then just their vision of optimum...

Optimum economical distribution has absolutely nothing to do with philosophy or theology and is very much objective.

I would disagree. Optimum is a matter of benefit, and benefit is clouded by too many perceptions. The whole problem with game theory is that for it to actually work, players have to have perfect knowledge, and while the study of economics has worked for some time towards that end, it's still far too wooly for game theory to be applied in a way that is not founded in someone's biases.

Oh please enlighten me how economic benefit is not objective. Though I agree, if you ask any church the best distribution is where they hold all the money and the others barely have anything left.

Furthermore, as you pointed out, economists are spending more and more time trying to get as close to perfect knowledge as possible. Of course that will not happen for a long time, however even the optimum we get with our current incomplete knowledge would be better than whatever it is we're stuck in currently.