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Those corporations provide the goods and services that makes life liveable for 7.3 billion people on this planet. I'm curious what other alternatives to capital
by malandrew 9y ago
Those corporations provide the goods and services that makes life liveable for 7.3 billion people on this planet. I'm curious what other alternatives to capitalism and firms (to use Ronald Coase's term) would have been able to achieve and sustain a quality of life equal to or better than what these 7.3 billion currently enjoy. Capitalism is the basis of the quality of life for 7.3 billion humans on Earth. Telling yourself otherwise is just lying to yourself.
- Mikushi 9y agoAnd telling yourself that on such a small sample (200years) Captialism is a success is lying to yourself. We're already facing the hard consequences of capitalism and consumerisms, and with no real change in sight all the QOL improvement in the world will not matter when this planet is mostly destroyed. But who cares, we'll go trash Mars with Elon.
- sokoloff 9y agoIt may only be 200 years, but that's the largest sample we have of a system scaling to support 7+ billion people.