You said resources are finite and desire infinite, but hinted that the worldview that embraces te infinite desire is the better course of action - I was trying to say that the worldview that embraces the finite resources (and therefore limits them due to the infinite desire) is the better one.
Been a few days since that post, sorry if the reply is off/not what you were looking for. |
No, it's great.
You don't need a system to place limits on resources, because at that point you are dictation to people what they desire. This is both wrong and dangerous. It is impossible to determine what the wants and desires of millions of people are at any given time and so any attempt to do that is going to fail. You will either greatly over-estimate or under-estimate the wants of the people, and neither is ideal.
In a free market, there is no need to guess what people want. They vote on that with their money, and producers are then able to act accordingly without having to take a wild guess at what people want. There is also an incentive to follow the market for that good to ensure that the amount supplied matches the demand as closely as possible. If they undershoot, someone else can take advantage and take away their business; if they overshoot, they go out of business. This is done by every producer, again, without the need for the impossible task of pretending to know (or set) the desires of the people.
I hope that makes sense.