The Darwinian Economy Isn’t Red in Tooth and Claw

It is not uncommon to hear people object to the very idea that the market economy can and ought to be understood in Darwinian terms. The reason for this is that when people think of the economy in Darwinian terms, they are thinking of nature red in tooth and claw, with survival of the fittest meaning death for the unfit. They think of nature as inherently brutal and of everyone as the victims of brutal nature.

Thus, we have to go out of our way to make sure that we counteract nature with our unnatural goodness. If the economy is Darwinian, we…

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