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I am not debating the mechanism of capitalism, its ability to allocate goods and how or whether it creates prosperity. For the record, it seems to me the most n

I am not debating the mechanism of capitalism, its ability to allocate goods and how or whether it creates prosperity. For the record, it seems to me the most natural way for humans to interact with each other. My point is that to think that one knows what is best for society is similar to thinking that one knows how best to allocate goods. It just isn’t possible to know. Any capitalist will surely agree that value is purely subjective.

airstrike 8y ago
But the capitalist doesn't believe he knows how to allocate capital, while the statist does. The capitalist believes the exact opposite – that he can never claim to be a better planner than "nature itself" so we should admit defeat and let things transpire naturally while we each focus on our individual lives and businesses, which presumably we know how to live or run better than the state.