pynchon's view on moralism
prozak at anus.com
prozak at anus.com
Tue Feb 25 20:03:13 CST 2003
Game Theory was developed by the great mathematician John von Neumann
(1903-1957) [3]. To von Neumann, the Prisoner's Dilemma was a paradox
that all but destroyed what he hoped Game Theory would accomplish:
there did not seem to be a strategy that would benefit both parties
to the extent that they would not want to betray each other. Instead,
it seems that the best strategy for a player is to continually devise
a way to sucker an opponent into Keeping Faith while being Betrayed.
A familiar example of this is the famous recurring piece in the comic
strip "Peanuts," where Lucy over and over fools Charlie Brown into
trying to kick the football she holds, even though every single time
she pulls the ball away and he falls painfully on his back. The
benefit for both them of getting the football kicked is obviously
less than the benefit Lucy enjoys at Charlie Brown's humiliation.
Lucy has a very large score, while Charlie Brown still has zero [4].
Public Choice theory gives rise to a serious Prisoner's Dilemma. The
largest benefits with the least effort come from political rent-
seeking, and those who fail to participate in the political process
will have their wealth drained way with no corresponding return. Even
if it is obvious to all that not everyone can live off of the wealth
of everyone else (1,1), and that the best mutually beneficial course
is for everyone to give up political rent-seeking (3,3), it is
obvious that the best course for each individual group is to get
everyone else to give up rent-seeking while they alone covertly
continue to collect their monopoly rents (5,0). The fear that others
will pursue such a strategy is easily sufficient motivation not to
give up rent-seeking. No one, of course, blatantly advertises their
rent-seeking in terms of their own self-interest. Instead, there are
always high sounding, moralistic slogans and rationalizations,
arguments that special benefits are necessary because of poverty,
compassion, discrimination, racism, the environment, greedy insurance
companies, greedy businessmen, etc.
http://www.friesian.com/rent.htm
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