No. It ignores all the ways humans connect that are not transactional.
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I'm confused, isn't economy = civilization at large?
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No. Other stuff happens.
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The economy is explicitly not a model. It's just a set of rules. It works because it respects the fact that the system is too complex to be modeled.
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I need to introduce you to some economists who haven’t heard this https://en.m.wikipedia.org/wiki/General_equilibrium_theory …
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Yes, through the exchange and anticipation if material surplus.
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Yes. It is the worst model of civilization except for all the other ones.
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Yes, civilization is all about getting more out of the scarce things nature gives us. Now, THE MARKET might not be the best way of doing it, but the economy is bigger than just that
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Yes, it reifies intrinsic civilizational values into modes of exchange.
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No, because it only knows how to model certain interactions and completely ignores everything it can’t model. Most labor is unpaid. It’s like modeling a galaxy without dark matter.
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“Think of it,” I imagine a member of some more enlightened society saying someday. “They obsessed over a proxy for productive activity that recorded parenting as a null-value activity. Parenting!”
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