4 ms·

No true scotsman, ay? Yes, there are many artificial constructs that prevent true free market, but I still do not believe that capital accumulation by capital

by v-erne 4y ago

No true scotsman, ay? Yes, there are many artificial constructs that prevent true free market, but I still do not believe that capital accumulation by capital overs is not an property of this idealistic system. Do You have any real example of invisible hand working (by which I mean not ending with the top dogs holding all the bones) ?

notch656a 4y ago
You acknowledge the imperfection of the private sector, including wasteful spending. Now imagine that except with the power to waste even more money by sending an IRS agent to take your money at gunpoint and without being constrained by (at least if 'turtledove' word to be take) a ' profit motive'.
- v-erne 4y ago
  Profit motive is so primitive and so one dimensional constrained and yet it somehow mesmerized so many thinkers that we build build "golden idols" in praise of it (https://en.wikipedia.org/wiki/Charging_Bull https://en.wikipedia.org/wiki/Charging_Bull). I do not believe that this is it - there have to be other better constrains combinations. It just that there is so much vested interest in current system that no one will dare to contest it enough to really try something different.
  - notch656a 4y ago
    >Profit motive is so primitive Is this a rebuttal to turtledove for introducing the notion of 'profit motive?' His introduction is the source of our discussion on 'profit motive.' >(https://en.wikipedia.org/wiki/Charging_Bull https://en.wikipedia.org/wiki/Charging_Bull). The beautiful thing about art is you can interpret it however you want. You interpret it as a "golden idol" of the profit motive. I could interpret it as an angry bull sick of the ways of capitalism; a bull that wants to inspire free health care for all.
    - v-erne 4y ago
      I marely tried to defend our ability (as humans) to create more complex systems that works. I do not believe that free makrets are the end game. The obvious inefficiency of public sector does not make capitalism the ultimate answer.

by v-erne 4y ago

notch656a 4y ago

You acknowledge the imperfection of the private sector, including wasteful spending. Now imagine that except with the power to waste even more money by sending an IRS agent to take your money at gunpoint and without being constrained by (at least if 'turtledove' word to be take) a ' profit motive'.

v-erne 4y ago
Profit motive is so primitive and so one dimensional constrained and yet it somehow mesmerized so many thinkers that we build build "golden idols" in praise of it (https://en.wikipedia.org/wiki/Charging_Bull https://en.wikipedia.org/wiki/Charging_Bull). I do not believe that this is it - there have to be other better constrains combinations. It just that there is so much vested interest in current system that no one will dare to contest it enough to really try something different.
- notch656a 4y ago
  >Profit motive is so primitive Is this a rebuttal to turtledove for introducing the notion of 'profit motive?' His introduction is the source of our discussion on 'profit motive.' >(https://en.wikipedia.org/wiki/Charging_Bull https://en.wikipedia.org/wiki/Charging_Bull). The beautiful thing about art is you can interpret it however you want. You interpret it as a "golden idol" of the profit motive. I could interpret it as an angry bull sick of the ways of capitalism; a bull that wants to inspire free health care for all.
  - v-erne 4y ago
    I marely tried to defend our ability (as humans) to create more complex systems that works. I do not believe that free makrets are the end game. The obvious inefficiency of public sector does not make capitalism the ultimate answer.