Social preference relations become circular and undecidable.
no social system can simultaneously
-
be committed to a minimal sense of freedom,
-
always result in a type of economic efficiency known as Pareto efficiency, and
-
be capable of functioning in any society whatsoever https://en.wikipedia.org/wiki/Liberal_paradox
http://www.f.waseda.jp/ksuga/pubphil1212.pdf
This page is auto-translated from /nishio/ć»ć³ć®ćŖćć©ć«ćć©ćććÆć¹ using DeepL. If you looks something interesting but the auto-translated English is not good enough to understand it, feel free to let me know at @nishio_en. Iām very happy to spread my thought to non-Japanese readers.