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Trying to tweak capitalism per se is a losing cause b/c we have no idea how to. Better to keep the current framework: corporations + unions + laws, which work a
by giardini 4y ago
Trying to tweak capitalism per se is a losing cause b/c we have no idea how to. Better to keep the current framework: corporations + unions + laws, which work and have been shaken out by previous generations. Until we see a social system that is better and is time-proven, capitalism is a good "first-order approximation" of what we want in a workplace. It is only an approximation b/c it so often creates/aggravates externalities, but that doesn't mean it isn't useful.
- qubex 4y agoThe combination that seems to have struck the best balance so far is Ordoliberalism as enshrined in Germany.
- mercer 4y agoBut how does any other approach, entirely novel or otherwise, become time-proven without testing and tweaking on a society-level scale? Much of the social change we've seen, happened despite enormous pushback from the status quo, and was in no way 'time-tested'.