Thursday, July 15, 2021

The Reason For Politics

With the move leftward from the Trump to Biden eras let's not forget the whole reason for politics. The real reason for politics is complexity. The primary component of politics is economics, and our economics are as complex as we are.

This makes it very difficult for any of us to see the entire economic picture. It is far easier to just see what we refer to as the "right" or the "left". The right can be said to represent the seller and the left the buyer.

Any economic transaction requires both a buyer and a seller. Both are therefore of equal importance. To say that one is more important than the other is like saying that a right shoe is more important than the left shoe.

But shoes are simple and it is easy to see that the left and right are of equal importance. But economics is not so simple and it is much easier to see either the right or left as more important. 

We saw that in the posting on the economics blog, "Complexity Theory And Economics",

https://markmeekeconomics.blogspot.com/2013/08/complexity-theory-and-economics.html?m=0 

My economic theory is that left and right, representing the buyer and the seller, are of equal Importance and the closer we get to a balance between the two the better off we are:

https://markmeeksideas.blogspot.com/2013/03/summary-of-economic-theory.html?m=0 


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