Fallacy of Economic Substitution

[p***@hotmail.com]

If memory serves, this is the fallacy of assuming that there are no practical alternatives to the present methods of doing something. For example, we produce aluminum from bauxite ore. Suppose someone wanted to get a monopoly on aluminum production, and started by cornering the market on bauxite, since that is what aluminum is made from. In fact, aluminum is a very common element, making up 8 per cent of the Earth's crust. Bauxite is the best ore, but in the absence of bauxite something else could be used; researchers have refined aluminum from ordinary rock.

I have been unable to find references to this fallacy under this name. Is it possibly known under another name?

Thank you,

Peter Wezeman
anti-social Darwinist

[gamo]

Post by p***@hotmail.com
I have been unable to find references to this fallacy under this name. Is it possibly known under another name?

No, sorry.

Post by p***@hotmail.com
Thank you,
Peter Wezeman
anti-social Darwinist

Actually, social darwinim is a JOKE.
But I'm afraid there are people who consider it real,
like a kind of nazi movement.