Chathan's Space

Capitalism communism evolution and MOQ

Capitalism is like evolution where the natural forces will define the path in which the economy should progress. So if evolution is good or has more quality than anything else capitalism is should be right.

How do you define quality?

Robert M Pirsig defines quality in terms of evolution. If the species is higher in the chain of evolution then it will have higher quality. So evolution defines quality. This argument is valid assuming that evolution progress basedon Darwin theories of struggle for existence and natural selection. So capitalism should be the best method for economic growth.

Pirsig defines the quality in his book Lila. He defines the quality based on the biological evolution tree and extends it to societies which comes the next stage of man in the evolution tree. Evolution tree becomes a scale for economical analysis.

If we look into the drawbacks of evolution we will get the limitation of capitalism. One major draw back as well as advantage is time tested values. In larger time scale evolution is always right. Even though it takes wrong turns in smaller time scale and correct it. In higher scale it is predictable to an extent but highly unpredictable in smaller time scale.

Like all the non linear systems we can’t say the when the solution will bifurcate. Once it deviates from the path can it come back by its own is a question. Since the system is highly nonlinear and stable for some time we can assume that it will come back. Other wise the new path will become the right path, because the world economy is the one defining the highest level of quality.

When this is deviating from the stable path do we need to correct it? Yes the society it self will create the potential to correct itself. Nonlinear analysis on the economy and the society is a vast topic and I am forced to split the post here.

posted by Chathan @ 8:06 AM