Giving money to Amazon, Wal-Mart, Microsoft, Google .etc
It’s like, you can’t have an argument for price gouging, when you’re enabling them by spending. If people were smart, they’d stop giving them money 10 - 15 years ago and they’d be right now, trying to reconstruct so they can be more economically friendly than how they are now.
That depends, people can be smart but malicious, non-coorperative, or selfish.
The prisoner’s dilemma shows that there are systems where individually, the “smart” individual thing to do is globally non-optimal.
Even smartness and altruism alone isn’t enough. Medical professionals are smart and out to help others, but any ER doc/nurse will tell you they have limited trust in their patients (rightly so in the real world).
Does “everyone is smart” also include both “altruism and cooperative trust in others”?