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> I don't think you described capitalism as an ideology I wasn't trying to. I was saying that it works well as a means of organisation, before pointing out its
by matt4077 9y ago
> I don't think you described capitalism as an ideology
I wasn't trying to. I was saying that it works well as a means of organisation, before pointing out its weaknesses. Ideology is when you ignore those weaknesses, and try to shoehorn everything within the framework of capitalism.
> If the movie was priced correctly, the inefficiency would disappear
The problem is that it's hard to price it efficiently, because the value is different for different people. You can try price-separation, i. e. by geography, or the cascade of movie theatre to download to broadcast TV. But there's still a loss of welfare. As another example: I will never pay for a subscription to the WSJ, or to Adobe Creative Cloud, or to NGINX Plus. But my life would be marginally better if I had access to these products. And the only reason I don't is because there's no way to allow people like me access, without also allowing those free access that are currently paying.
- ameister14 9y agoIdeology isn't when you ignore something's weaknesses and shoehorn everything within its framework. Blind adherence to an ideology can cause that, but it's not what the word means.