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Capitalism is less naive in that it does not assume good faith. That's a huge difference.
by rpmisms 4y ago
Capitalism is less naive in that it does not assume good faith. That's a huge difference.
- sangnoir 4y agoInstead, it naively assumes rationality
- q-big 4y agoIt does not assume rationality. Rather, the assumption is that rational behaviour is of your advantage, which is in my opinion a very sensible assumption.
- robertlagrant 4y agoI would say it aligns rationality and responsibility. You want to spend your own money badly? Fine. You just don't get to spend everyone's money badly.