4 ms·
It isn't, not when there is a better _commercial_ system in the world. If the "invisible hand" was real, great. As it has been a constantly manipulated and mana
by jprd 4y ago
It isn't, not when there is a better _commercial_ system in the world. If the "invisible hand" was real, great. As it has been a constantly manipulated and managed construct within the world of global finance from the moment Adam Smith shared it with anyone, it completely ceased to have any meaning going forward other than license to savage.
Economics isn't science or maths when you get past the micro level. It is psychology.
If there is a Capitalist society that also has a deep respect for mental health, I say it only exists in Science Fiction from the 50s and 60s.
The goals of communism are pure and true, but insanely unrealistic considering we're talking about humans who still instinctually believe in a reality where scarcity is anything other than a human construct.
On the other hand, naturally, barely restrained capitalism is just going to be a giant cancer where the rich feast off the poor until it all goes down in flames.
What's needed is a shared sense of morality, community and survival across our species.
History says we're fucked.