Take a deep breath and consider how much you have bought in to these ideas. This is economic rationalism. - Anything can be bought and sold with the right mechanism. - Price reflects value. - The higher the price, the higher the value of an object or service. - Markets ultimately benefit all. - There is nothing that the market cannot provide. - There is no public good or product that should not or cannot by its nature be part of the market. - Everything of value can be sold. - Things that cannot be sold therefore have no value. - Only the market can establish value. - Everyone wants to be rich. - Wealth is an indicator of intelligence or ability. - Competition is the mechanism of evolution. - Competitive mechanisms create excellence. - Tools that illuminate relative worth (such as league tables) are preferable to mechanisms that foster absolute standards or intrinsic value. - Relative values are a safer measure than intrinsic values. - Everything of value is measurable or it has no value. Thanks to Nick for the list.
Posted on: Wed, 16 Apr 2014 03:04:44 +0000