Thursday, August 30, 2007

David Bohm and the multidimensional costs of production

David Bohm said that everything in the universe is connected. He described an implicate order and an explicate order. An experiment illustrates the distinction: Place a clear plastic cylinder inside a slightly larger clear plastic cylinder, then fill the space between them with glycerin. Inject a line of ink into that glycerin, then slowly turn the inner cylinder so that the ink is smeared. Three turns will cause the ink to completely disappear. But the ink is not mixed up randomly in the glycerin. There is still an implicate order. There is still order in the relationship of the molecules to one another in space, but the order is not visible. Turn the cylinder back three turns, the line of ink re-appears. The order is made explicate again.

When we buy a product that has resource user-fees incorporated in the price, implicate in the price of the product is the expressed wishes of all the world's people about what limits should be placed on the use of natural resources (assuming the fees are set as a function of what the people want). Explicit in the price is the economic value of all the natural resources and the human effort that went into the production of that product.

When we survey people to see what their views are on appropriate levels of resource use, implicate in their responses will be relative prices for various goods and services in the market. If most people are saying explicitly that carbon dioxide emissions ought to decrease, implicit in these expressions of opinion will be higher prices for fuel, and a decreased prevalance of high-powered cars, single-occupant cars, and long commutes, to name a few.

The information explicate in the price of a particular product or service is the economic value of the resources that went into its production. Implicate in the price of that same product or service is the expressed wishes of a representative sample of the world's people about acceptable levels of resource use for all the raw materials that went into its production... that is, information about the people's preferences is embedded in price information within the proposed paradigm of equal ownership of natural resources, where random surveys of the human population would be our instrument to discern the wishes of the people.

more on David Bohm - Wikipedia

Gaia Brain and the History of Life

A Capitalism-Communism Synthesis: democratic ownership and free market management of natural resources

Cronkite for President - Can we find someone, (someone over 35 years old), who we could most all agree on for our next President?

John Champagne