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Because capitalism is an optimization function for making money. It doesn't care about anything else.
by qsymmachus 7y ago
Because capitalism is an optimization function for making money. It doesn't care about anything else.
- jMyles 7y agoWill we develop practices that preserve what we like about free markets without capitalism being the economic function?
- Ididntdothis 7y agoThat's where regulation comes in. For example we have outlawed practices like killing others for profit and the markets still work. We can outlaw other things too. Markets will adapt. That's what they do best.
- inscionent 7y agoNo. Humans will be extinct long before we can overcome our greed and fear. We live in a world of abundance and the only thing holding us back is the concentration of power and wealth.
- eanzenberg 7y agoNo we don't live in a world of abundance. This is a common tagline touted by communist and socialist societies, and has been proven false time and time and time again.
- qsymmachus 7y agoMarkets != capitalism, markets predate capitalism, and the end of capitalism does not necessarily mean the end of markets.