4 ms·
It always boils down to what Milton Friedman said regarding capitalism vs statism: Just tell me where in the world you find these angels who are going to organ
by crusso 10y ago
It always boils down to what Milton Friedman said regarding capitalism vs statism:
Just tell me where in the world you find these angels who are going to organize society for us?
- moomin 10y agoI've always found this a dubious contrast. Capitalism has rules, administered by a state. There's never been a 100% state-free society, nor a 100% state-run society. I guess the current-day closest are Somalia and Belarus, neither of which I find attractive. The question is always who has the power and how do we align people's personal interests with societal benefits? Because we live in a world where plenty of people are prepared to play negative sum games if they get out ahead.