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they're not mututally exclusive, they're orthogonal. If people want moral goods, capitalism will (imperfectly) skew towards providing them. If the people want
by dnautics 5y ago
they're not mututally exclusive, they're orthogonal. If people want moral goods, capitalism will (imperfectly) skew towards providing them. If the people want trash, capitalism will (imperfectly) skew towards providing trash.
- stjohnswarts 5y agoYou are correct. They can definitely have an intersection. Some companies actually do some good in the world AND make profits. They don't have to be "mutually exclusive"
- treeman79 5y agoThe primary good of capitalism is having such huge efficiencies of resources and manufacturing. That we have to keep redefining poor people such that they can have air conditioning, car, housing, fridge, be fat as hell, and still be defined as poor.
- stjohnswarts 5y agoNot all of us buy into the claims capitalism can do no wrong and should be turned upon the world with no limits that some libertarians seem to have. You will never hear me say capitalism is in essence a bad thing, but like most concepts it has to have limits. Otherwise you get fascism, J.P. Morgan, Epstein, etc.