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This isn't capitalism's fault, it's just human nature. Every economic system will have scumbags who try to exploit other people for personal gain.
by colinmhayes 5y ago
This isn't capitalism's fault, it's just human nature. Every economic system will have scumbags who try to exploit other people for personal gain.
- Mezzie 5y agoYes, and therefore governments and economics need to account for this to keep society running. That's what governing IS.
- cardiffspaceman 5y agoAchieving the optimum economy by allowing human nature to do its thing was supposed to be the way capitalism works. To me that would mean including scumbags, somehow the invisible hand would create paradise.
- colinmhayes 5y agoI don't think any economic system can create paradise. Some are certainly better at optimally distributing scarce resources though.
- vkou 5y agoParadise is here, it's just not evenly distributed.
- daenz 5y agoAnd capitalism's main advantage is that tries to account for the scumbag human nature (competition) and attempts to use that to its advantage (creating an economy that strives to be efficient). Other systems pretend like that human nature doesn't even exist, and everything will be fine if we ignore it.