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> The need to earn money incentivizes people to work on things that are useful to others. No, it does not. The need to earn money incentivizes people to work o
by a1369209993 5y ago
> The need to earn money incentivizes people to work on things that are useful to others.
No, it does not. The need to earn money incentivizes people to work on things that allow them to extract money from others. This sometimes happens to line up with "useful", and there's probably even a positive correlation overall, but they're not remotely the same thing.
- WalterBright 5y ago> The need to earn money incentivizes people to work on things that allow them to extract money from others. You're talking about things like acquiring money through force or fraud. This is not how free markets work. Free markets work by creating products that people want to buy and freely trade their money for. If I create a widget and you want it more than the money it costs, I am not "extracting" the money from you.