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But you are faced with that choice. Spend five dollars to provide one person with a movie ticket or spend five dollars to provide one person with clean fresh water.

The fact that one of those persons is you and the other is not can have no bearing on the ethical or political analysis involved.

- Jake

If you only spend 20 minutes of the rest of your life on economics, go spend them here.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Wed Aug 12th, 2009 at 12:34:33 PM EST
[ Parent ]
But that's not the choice a market provides to people, nor would it be the choice for most people even without the current market framework for presenting choices.  Someone in Iowa, USA, where water is abundant, would be completely correct in his belief that if he never used that water, no one else in the world would be able to either -- it would flow, eventually into the Gulf of Mexico because no one who might need it where water is scarce could ever get it even if he bought the water for the price of a movie ticket and set it aside for that person.  Water in abundant regions is not closely enough connected to water in scarce regions to be able to make the comparison you do, so for many people, under any ethical considerations, a movie ticket can be worth more.
by santiago on Wed Aug 12th, 2009 at 06:08:13 PM EST
[ Parent ]
"So money's suddenly not fungible in your organisation? It's fungible everywhere else, but not in your organisation?"

If you only spend 20 minutes of the rest of your life on economics, go spend them here.
by JakeS (JangoSierra 'at' gmail 'dot' com) on Thu Aug 13th, 2009 at 12:50:29 AM EST
[ Parent ]
The conclusion I've argued isn't dependent upon money or even markets.  It's generalizable to just giving people moral agency over choices between water and movies. Water can be less valuable to people in water-abundant reasons than movie tickets, even if people are dying of thirst in areas that lack water and if the people in water abundant areas prefer helping those thirsty people over going to movies.  The fact that wasting water in an abundant area in order to go to a movie will likely have no impact on alleviating thirst in a scarce area allows for this conclusion.
by santiago on Thu Aug 13th, 2009 at 11:14:30 AM EST
[ Parent ]
santiago
But that's not the choice a market provides to people...

And therein lies a part of the problem with markets as they are currently constructed and construed.

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Thu Aug 13th, 2009 at 12:53:55 AM EST
[ Parent ]

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