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“Efficiency” isn’t a universally, objectively better goal, but it’s what technocrats focus on. There are many other equally good (and often conflicting) possib
by hcarvalhoalves 4y ago
“Efficiency” isn’t a universally, objectively better goal, but it’s what technocrats focus on.
There are many other equally good (and often conflicting) possible goals: sufficiency, diversity, happiness, regret, etc.
The current economy focuses on efficiency because it’s about infinite capital accumulation using finite resources, and that’s what benefits the people at the helm.