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> This is what capitalism is in its essence - a complex decentralised pricing mechanism where every human's choices is taken into account on the free market. T
by 0xcde4c3db 7y ago
> This is what capitalism is in its essence - a complex decentralised pricing mechanism where every human's choices is taken into account on the free market.
That's what capitalism is in a world populated by Homo economicus. We have to deal with it in a world populated by Homo sapiens, who are notably clumsy at separating capital allocation concerns from social dominance concerns (when we even bother to try).
- pbhjpbhj 7y agoThere's also the small matter of us valuing ourselves rather highly regardless of whether there's a million others like us that could equally create more wealth for which ever capitalist we'd have the misfortune of being owned by. Some people may be content to consider themselves grist for the capitalist mill, but some very few I imagine.