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Are you arguing that if we take away the bad parts of human nature, the economy would collapse? What useful function does greed, vanity, and materialism serve i
by Z0rr0 5y ago
Are you arguing that if we take away the bad parts of human nature, the economy would collapse? What useful function does greed, vanity, and materialism serve in the modern economy?
- dougmwne 5y agoI am arguing the economy would change and probably look nothing like it does now. Market economies basically have taken the "bad" aspects of human nature and use them to drive price discovery, demand creation, and efficiency gains. There would be other ways to do these things, but working within the bounds of normal human behavior has it's advantages. The economy can function on "whatever works" not just our better angels.