3 ms·
Just because it is a fundamental whatever of capitalism, doesn't make it 'not wrong'.
by coding123 9y ago
Just because it is a fundamental whatever of capitalism, doesn't make it 'not wrong'.
- pc86 9y agoDoesn't it? America is unapologetically a capitalist nation with a few notable and infuriating exceptions (looking at you, ISPs). I mean if you want to make an anti-capitalist argument on a message board owned by a venture capital firm, feel free. But by definition "profit = good"
- JoeAltmaier 9y agoA venture-capitalist firm that's doing studies in Basic Income and its effects. So give them a little credit.
- pc86 9y agoI don't think there's anything necessarily anti-capitalist about BI, especially if it could be shown that a given level of BI substituting certain social programs was more cost-effective. Increasing benefits while lowering taxes without raising the deficit or incurring debt would be a pretty easy sell to both sides of the aisle, I'd think.
- JoeAltmaier 9y agoIts entirely orthogonal to Capitalism, surely?
- krapp 9y agoI think that depends on whether or not one views regulation or state influences on the free market as being anti-capitalist.
- coding123 9y agoYes however oligarchs don't want 99% of wealth to be in the hands of the 1%. Right now its something like 40% of the wealth in the hands of the 1%. If it shifts much more they will have total war on their hands. The rich will always be encouraged to keep that number down to prevent war - which is also convenient as those efforts can make them look like our lord and salvation.
- coding123 9y agotrue true, yesterday I saw someone make the argument "If popularity doesn't make something moral, what does" And on this thread it's "if capitalism doesn't make it moral, what does".. There's an entire college course called Philosophy I that basically goes over 7 to 10 different moral compasses. The only one that seems to win out (aka the only one people remember after the class is Moral Relativism).
- maxxxxx 9y agoWe have to distinguish between capitalism and functioning markets. The capitalists do great in the US health system, but the market doesn't function.