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I disagree. These are classic game theory problems where what is unilaterally rational doesn’t optimize group welfare. You need rationing and market interventio
by mlthoughts2018 7y ago
I disagree. These are classic game theory problems where what is unilaterally rational doesn’t optimize group welfare. You need rationing and market intervention. The problem is relying on capitalism for distribution based on aggregated price signals.
- xenospn 7y agoDid you also factor in the fact that this is America, where people own guns and believe they have a god given right to use them?
- pmoriarty 7y agoWhat exactly are they going to do with those guns that'll get them more food? Looting and robbing, even were they to get away with it, will only get them a limited amount when there's virtually no food to be had. I don't think guns are going to be the solution here.
- xenospn 7y agoSkip to the front of the line? Raid their neighbors' house? Again, people will not be rational and if things escalate (which I don't think they will) they will revert back to tribalism very, very quickly.
- SamReidHughes 7y agoPrivate gun ownership does much more to reduce looting than contribute to it. This has been seen time and time again in America. But anyhow, food supplies aren't drying up, and there is plenty of workforce available with other businesses slowing down.
- pmoriarty 7y agoI very much doubt the government, especially the present government, is going to have very much tolerance for widespread looting. Martial law would be declared, the National Guard would be called out, curfews would be instituted, rationing would be enforced. The little pea shooters a few survivalists have stocked up on are going to do them precious little good against the might of the US military, which would have little compunction against shooting a looter during a crisis of this magnitude.