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Blaming capitalism seems weird. Capitalism is not the only economic system with just-in-time or globally-interdependent supply chains. And capitalism can't expl
by jeffdavis 7y ago
Blaming capitalism seems weird. Capitalism is not the only economic system with just-in-time or globally-interdependent supply chains. And capitalism can't explain why our strategic government stockpiles were never replenished.
There's a tendancy to compare the results of a system to what a wise, common-sense person with 20/20 hindsight would do if they were in charge. But that's not how things work. People in a system often fall victim to all kinds of bad assumptions, often thinking that others are wholly or partially responsible for dealing with a particular risk.
It looks like the US was caught flat-footed. It's too early to say how resilient we are, though. And it's way too early to start trying to push specific political angles like the idea that some mythical-but-non-specific non-capitalist system would have served us better.
- jahaja 7y agoThe relevant incentives are there because of capitalism. Just as the incentives to cover things up or shift blame were there in the USSR during Chernobyl.