3 ms·
This is such a bone-headed conclusion. The system is an abstraction of money in -> goods out. It doesn't specify anything about amounts and it places restricti
by james_s_tayler 8y ago
This is such a bone-headed conclusion.
The system is an abstraction of money in -> goods out. It doesn't specify anything about amounts and it places restrictions on goods vary sparingly.
If you were to place restrictions on goods out some kind of ideology then where do you stop the restrictions?
No yachts, they're wasteful!
No luxury cars, they're wasteful!
You don't need a bigger TV, the one you have already works. Don't be wasteful!
You don't need luxury food. Regular food will do.
I mean... you just end up with some god-awful Marxist hell hole of a system that doesn't work very well.
No thanks. I'll let the occasional person who has earned just buy their wasteful yacht because in aggregate, over time that seems to accrue the highest benefit to me no matter who I am.