Wednesday, February 29, 2012

Hubris - Attempts to Act As A Deity

http://blog.independent.org/2012/02/22/this-man-was-almost-elected-president-of-the-united-states/
Al Gore, who came within a few hundred votes of being elected president in 2000, has designed a blueprint to overhaul capitalism to create a sustainable capitalism that will support lasting economic growth. He says that the way capitalism is now practiced does not “...incorporate sufficient regard for its impact on people, society and the planet.”

Perhaps I'm just mis-judging him because he's so well intentioned in his hubris.  Few things would frighten me more than the idea of Algore pulling all the strings.

He's right, however, in his assessment of how well capitalism is working.  With all of the mal-incentives provided to capitalists by government, there's no question that vast quantities of human capital are being wasted.  It could be much, much better.

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