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> it is not the best at improving the human condition I argue the answer is not in publicly funded, non-capitalist services. It is in general-case and appropri
by liquidise 11y ago
> it is not the best at improving the human condition
I argue the answer is not in publicly funded, non-capitalist services. It is in general-case and appropriate business regulations. Capitalism is a winner-takes-his-as-much-as-possible system. Left unfettered, it can and will find unjust profit in exploiting its workers. At scale, even customers can suffer for some time until a competitor rises.
By properly regulating businesses, we are able to more confidently say that opportunity is granted to all, and personal responsibility is left to the individual. To me, that is a win. The charge of society, in my view, is not to improve the human condition for all. It is to ensure the opportunities.
As an aside, let us be clear that to improve the human condition for some, you do so by reducing the financial condition of others. In a capitalist society, your financial condition directly correlates to your standard of living, granted it experiences drastic diminishing returns. So it could be said that reducing someones fiscal condition therefore reduces their human condition. The human conditional philanthropy is strikes me as a bit ironic from this vantage point.
- ThomPete 11y agotechnology moves (increasingly) faster than legislation so thats going to be difficult to do.
- liquidise 11y agoPoint taken, but i'd suggest it also can work the other way. The faster technology moves, the faster competitors can enter markets. More competitors generally means the consumer (and worker) wins.