this post was submitted on 20 Jul 2023
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Hi all,

I'm seeing a lot of hate for capitalism here, and I'm wondering why that is and what the rationale behind it is. I'm pretty pro-capitalism myself, so I want to see the logic on the other side of the fence.

If this isn't the right forum for a political/economic discussion-- I'm happy to take this somewhere else.

Cheers!

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[โ€“] [email protected] 1 points 1 year ago

Other than the decent system ruining our future, because a preventable catastrophe has been left to unfold because of corporate greed, the analogy is senseless from a pure logical sense. Of course you aren't just gonna pick the cheapest option when deciding to plan a tunnel or a bridge, you go with the option that makes the most sense. The information problem is of course more about how we knoe the desires to be fulfilled, but even there, don't you think, that most desires, that capitalism fullfills are nothing more but artificial. Nodoby would desire a bigger car, if a bigger car would not exist. And while it is true that former socialist countries had that problem, of not meeting peoples desires, new forms of socialism could utalize the internet to have a democratic edge on that for example. I would highly recommend you, to step out of your neoliberal bubble, and read Thomas Piketty's "A quick history of equality", and look up PlasticPills on Youtube, he has some really interresting videos on how capitalism forges us.