Sunday, August 12, 2007

Seventh Generation

One of my biggest problems with the religion masquerading as science known as "the free market" has always been the glib refusal to consider the future in whether prices are being reasonably set (which matches the discipline's [sic] failure to consider the past as well). In fact, the popular "discounting" you see in economic calculations was always just a poorly thought way to justify doing something now regardless of obvious impacts that action would have on future humans who weren't getting to vote. I've always thought the old Native American philosophy of considering the Seventh Generation when making decisions was one of the most intelligent things I've ever heard, a laxative for all the self-absorption and destruction brought on after baptism with the water of "free market." This post over at Grist explains why we should have been thinking about and still should think about that Seventh Generation, assuming we end up being able to get to a Seventh.

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