Benevolence isn’t inefficient and I’m a big fan of benevolence. It’s just that it’s not enough. It’s okay for a group of twenty‐five or fifty people where everyone knows everyone. But when you have 300 million in the US or 7 billion in the world, if we were self‐sufficient and we had to produce everything for ourselves we’d all die, or 99% of us would die. So we have to cooperate with each other. But the only way to cooperate with each other in such large numbers is through markets.
Today, in America right now, we only can think of growth in quantitative terms. And in a resource‐constrained environment, how frickin’ stupid is that? You’re actually imposing your own death sentence by not being able to get over the grip of this quantitative dynamic.