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Capitalism IS efficient, when considering the environment upon which its juxtaposed, and when compared with alternative economic systems/social orders that huma
by SmirkingRevenge 7y ago
Capitalism IS efficient, when considering the environment upon which its juxtaposed, and when compared with alternative economic systems/social orders that humanity has experimented with. Its miraculously efficient, in fact!
Its terribly inefficient when compared against idyllic, abstract notions of societies, where resources are distributed and used with perfect efficiency. But so is every other practical alternative.