4 ms·

Capitalism is just an algorithm. It's only an ideology if you make it one. It's just a system of allocation and ownership that has clear tendencies and side-eff

by lvs 6y ago

Capitalism is just an algorithm. It's only an ideology if you make it one. It's just a system of allocation and ownership that has clear tendencies and side-effects, well understood for many decades. The experiment has shown that, as the system evolves, it doesn't have a stable state. One needs to bolt on additional controls to try to keep it in a stable state, or else one gets concentration of wealth and power. All the symptoms of that are pretty obvious with endless spilled ink. I really don't think this stuff should be controversial to people who are normally thinking about the behavior of complex systems.

pm90 6y ago
Most people aren’t thinking about the behavior of complex systems and to those this presents a good perspective. Anti Government propaganda is pretty widespread today and one of the ways to counter it is by espousing the benefits of the principles which a healthy, functioning Government provides to society.
- kennywinker 6y ago
  Anti-gov sentiment is also there in part because at this point the government is usually in the position of siding with and protecting corporate interests, rather than serving the people.
parkersweb 6y ago
Given that Monopoly was invented in 1903 to illustrate that exact point we’ve been living with that knowledge for some time. Problem is - those is a position to enact changes are generally those benefitting most from it and therefore the least willing. What seems to have changed in UK and US politics in recent years is those who have benefitted most from the current system have persuaded those who have most to gain that they’re on the same side.
blargmaster33 6y ago
WORNG!! You are just makeing up excuses for government power.
cycomanic 6y ago
There is some fascinating research [1] regarding inequality in society as a phase transition which shows that if we don't put measures into place we develop into oligarchies and we can only get out of these via extreme events. Previous discussion on hackernews is here [2] [1] https://www.scientificamerican.com/article/is-inequality-inevitable/ https://www.scientificamerican.com/article/is-inequality-ine... [2] https://news.ycombinator.com/item?id=21465446 https://news.ycombinator.com/item?id=21465446 [2]

by lvs 6y ago

pm90 6y ago

Most people aren’t thinking about the behavior of complex systems and to those this presents a good perspective. Anti Government propaganda is pretty widespread today and one of the ways to counter it is by espousing the benefits of the principles which a healthy, functioning Government provides to society.

kennywinker 6y ago
Anti-gov sentiment is also there in part because at this point the government is usually in the position of siding with and protecting corporate interests, rather than serving the people.

parkersweb 6y ago

Given that Monopoly was invented in 1903 to illustrate that exact point we’ve been living with that knowledge for some time. Problem is - those is a position to enact changes are generally those benefitting most from it and therefore the least willing. What seems to have changed in UK and US politics in recent years is those who have benefitted most from the current system have persuaded those who have most to gain that they’re on the same side.

blargmaster33 6y ago

WORNG!! You are just makeing up excuses for government power.

cycomanic 6y ago

There is some fascinating research [1] regarding inequality in society as a phase transition which shows that if we don't put measures into place we develop into oligarchies and we can only get out of these via extreme events. Previous discussion on hackernews is here [2] [1] https://www.scientificamerican.com/article/is-inequality-inevitable/ https://www.scientificamerican.com/article/is-inequality-ine... [2] https://news.ycombinator.com/item?id=21465446 https://news.ycombinator.com/item?id=21465446 [2]