I'm also not interested in protecting people from learning from their mistakes. Excluding them from society however is not necessary to achieve this.
What makes you think I was advocating excluding anyone?
It would help if you even knew what we were arguing about:
Free market not only gives freedom to individuals; it also liberates the society from weak members.
To which I responded:
So like...a team of champions but not a champion team?
Weak is by definition of task.
You'll notice I was seeking clarification from
the_thing with a hint of prejudice, by using a metaphor ("So like..." should have given that away). "Weak" is a linear description only applicable in a particular trait. If a person is weak at everything, including social skills, they would surely be left to die (as no one would even want to look after them, nor could they help themselves). The fact is, even prisoners, people born with disabilities and nerds who lose their life savings to a poor investment, are all weak in a particular regard, but societies across the planet have CHOSEN not to be ultimately liberated of them for all these years. What is society getting out of this deal? And if they're doing it, because we know it's survived so it MUST be the fittest way of doing things, what are the individuals within society, also acting in their own best interests getting out of paying for disabled care, prisoner care, and nerd care? You're happy to claim that acting in self interest is a permanent feature of humans, and so if true, the world we have today is a direct result of this, and nothing else, because it is nothing new.
I know you want to say "fuck them" because you think you're better than them and shouldn't have to pay for their air, but the fact is they're still here, surviving, which means by definition they were fit enough. Where do you draw the line between too weak and not too weak in the statement above, that you're defending so vigorously? The answer is nowhere, there are no weak members of society; only those that are alive, and those that are dead. His statement is false. While all members of a society have linear weaknesses, the free market does not liberate society from weak members, because no such things exist - if they're surviving, they're fit, so they cannot be weak. If you're saying we as a society should let nerds
die because they made a bad naive investment, then that's something to take up with parliament. Humans can also act as the environment for which fitness is measured, for other humans.
If you disagree with what Nefario is doing with GLBSE, feel free to start your own stock exchange. Nothing you have yet said goes against the statement that first started this conversation: "Self regulation = self interest + self control," which I firmly stand by.
No, that's where you chimed in, not where the conversation started. I think you were too caught up in your narcissism to realize I wasn't even responding to you.
I don't disagree with what Nef is doing at all, and applaud him for it, I know that the most successful exchanges will be the ones most trusted by people to protect them from people trying to screw them over, and I also look forward to the changes he's got planned. He wasn't happy about all the pirate pass throughs that went through his exchange, for the various reasons that of course all boil down to self interest. Isn't it coincidental that he's becoming more like the real world? Is it possible, perhaps, that the real world has already found one of the fittest ways to do things after thousands of years of experience trying?
Also, just because I'm not free to start my own stock exchange in the real world, doesn't mean I'm not free to start my own stock exchange in the real world. GLBSE and that other one have obviously done it. They will be as free for as long as they can survive in this harsh environment, and eventually the rest of the world will try to strong arm a piece if they can.
"Doing it out of self interest" doesn't explain anything. Give me an example of one animal or plant on Earth that does not do something repetitively out of self interest.