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Proper Economics

Free markets less price derangement=generalized wealth.

The question arises from time to time about monopolies and cartels. There are exceptions to all rules, but in my view, over the long haul, this problem can be solved in two ways. First, the development of cultural habits that demand enough, but not too much. Second, if the value of money is allowed to rise through a policy of monetary stasis, then wealth will be generalized and spread broadly enough that there will be no NEED for monopolies.

There are people in this world who enjoy fighting and winning zero sum contests. But they are not the majority, and the goal is not perfection. If we have a reactive surface of educated, motivated and diligent citizens, problems can be dealt with as they come up, within the larger context of free markets less price derangement.

I will add that one problem with futurists, as I see it, is projecting what will HAPPEN, rather than who we will be. The first flows naturally from the second, making cultural contuity and improvement infinitely more important than technological improvement.