3 ms·
I think I have miscommunicated. I'm saying that an ideal society should be one where mishaps and bad deeds are assured to result only in a temporary poor qualit
by jhanschoo 9y ago
I think I have miscommunicated. I'm saying that an ideal society should be one where mishaps and bad deeds are assured to result only in a temporary poor quality of life, and that good deeds result only in a temporary good quality of life. That is, there is negative feedback, or homeostasis.
Poorly-regulated capitalism doesn't provide that. Capital begets capital as capitalists become more able to invest in high-risk high-reward projects, leading to a positive feedback loop that is an anti-equalizing force.