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> Markets are really good at putting competent but unpopular people in charge which is a better strategy. It's only a better strategy if your goal is to increa

> Markets are really good at putting competent but unpopular people in charge which is a better strategy. It's only a better strategy if your goal is to increase the wealth and power of the largest entities, i.e. corporations and the rich. If your goals include "popular" ideas like human rights and a non-polluted biosphere, then it can be better to make market participants share their power with elected politicians.

roenxi 5y ago
How is capitalism supposed to work against people's human rights? The capitalists haven't had an enforcement arm since the days of the East India Company. If human rights are getting systematically abused it is pretty much necessary that someone in government is responsible. They control the police and the army. Capitalism didn't produce Guantanamo bay; for example.
- dane-pgp 5y ago
  > How is capitalism supposed to work against people's human rights? By "capitalism" I assume we are still talking about "unrestrained corporate power". As such, I would remind you that corporations after often found guilty of wage theft, unsafe working conditions, unfair dismissal, spying on employees, and discriminatory hiring practices. None of those practices are strictly necessary for capitalism to function, but letting markets put "competent" people in charge is not going to prevent those abuses from happening. > The capitalists haven't had an enforcement arm since the days of the East India Company. I think you haven't been keeping up with modern developments of this practice.[0] > If human rights are getting systematically abused it is pretty much necessary that someone in government is responsible. So you agree that it is the government's responsibility to limit the actions of companies to prevent them from harming human rights? I think we're on the same page then. [0] https://www.ohchr.org/EN/NewsEvents/Pages/PrivateSecurityOversight.aspx https://www.ohchr.org/EN/NewsEvents/Pages/PrivateSecurityOve...

roenxi 5y ago

How is capitalism supposed to work against people's human rights? The capitalists haven't had an enforcement arm since the days of the East India Company. If human rights are getting systematically abused it is pretty much necessary that someone in government is responsible. They control the police and the army. Capitalism didn't produce Guantanamo bay; for example.

dane-pgp 5y ago
> How is capitalism supposed to work against people's human rights? By "capitalism" I assume we are still talking about "unrestrained corporate power". As such, I would remind you that corporations after often found guilty of wage theft, unsafe working conditions, unfair dismissal, spying on employees, and discriminatory hiring practices. None of those practices are strictly necessary for capitalism to function, but letting markets put "competent" people in charge is not going to prevent those abuses from happening. > The capitalists haven't had an enforcement arm since the days of the East India Company. I think you haven't been keeping up with modern developments of this practice.[0] > If human rights are getting systematically abused it is pretty much necessary that someone in government is responsible. So you agree that it is the government's responsibility to limit the actions of companies to prevent them from harming human rights? I think we're on the same page then. [0] https://www.ohchr.org/EN/NewsEvents/Pages/PrivateSecurityOversight.aspx https://www.ohchr.org/EN/NewsEvents/Pages/PrivateSecurityOve...