3 ms·
> Capitalism is just an exchange of something(work/goods) for currency. This is kind of like saying evolution is just animals surviving and breeding. It misses
by 3minus1 6y ago
> Capitalism is just an exchange of something(work/goods) for currency.
This is kind of like saying evolution is just animals surviving and breeding. It misses the crucial concept of natural selection, where beneficial adaptations get selected and naturally propagated through the species. Similarly with capitalism, those companies that find ways to increase profits over competition via whatever means possible will also grow and become more powerful. Bemoaning greedy CEOs kind of misses the point in IMO, because as long as greedy/competitive individuals exist, they will succeed in a capitalist system.