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I like your point. But I will like to advance it further. Even if it is reduction in productivity -even after factoring everything-, is production maximization
by kartan 10y ago
I like your point. But I will like to advance it further. Even if it is reduction in productivity -even after factoring everything-, is production maximization our ultimate social goal?
I though that we established capitalism because allows us to find good ways of producing what we need, so people can be healthier, more educated, happier, and - in general - to improve the citizens well being. But the goal is not to increase production at any cost, but to increase well being. Capitalism is a means to a purpose, Capitalism is not the purpose itself.
So, as you say, to know the economic benefit is difficult. So if we are not sure, applying the measure has other benefits that can make worth it.