The neoclassical dogma of diminishing returns is completely wrong - success begets success and wealth begets wealth. - David Orrell

Advanced technology is great at tasks such as keeping an airliner flying several thousand feet in the air, but is easily crippled by social complications.

The invisible hand is an emergent property of this system, which never reaches an optimal equilibrium, but instead is fundamentally dynamic and unstable, with complex effects on society.

A society in which each person is hell bent on maximizing his or her own utility, may therefore have declining overall utility.