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That is what is happening, but if you do that then decisions are gone take many, many years and you end up with the lowest common denominator. And those 'lords
by nickik 5y ago
That is what is happening, but if you do that then decisions are gone take many, many years and you end up with the lowest common denominator.
And those 'lords' whatever that means got that rich because they invested their personal time and resources into things that ended up working out and that's why they have the resources they have.
- andrepd 5y agoNot quite, but I think there no use in repeating 200 years of criticism of capitalism here, suffices to say "they got rich cause they worked hard" is a very shallow take. EDIT: To be clear: markets≠capitalism
- nickik 5y agoCapitalism is private property and trade. Markets without ownership are mostly meaningless. All models of market socialism are mostly theoretical. Even the inventor market socialism didn't get far in implementing it. Yes there are some markets that can exist outside of that but not a central organizing principle of an economy. > "they got rich cause they worked hard" is a very shallow take The worked hard on the right idea. Its not a 'take' its a fact'. I didn't say 'anybody that works hard will be rich'. That would be a shallow take.