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> In contrast, a well functioning capitalist system would rewards the smartest, most capable, hardest working people. I'm not sure this is the thing that a wel
by gameman144 4y ago
> In contrast, a well functioning capitalist system would rewards the smartest, most capable, hardest working people.
I'm not sure this is the thing that a well-functioning capitalism system would actually reward; I think value produced is the gold standard incentive for capitalism, all else being equal.
For instance, someone might be very intelligent/capable/hardworking and diligently spend their time documenting the flavor profiles of different cabbage species. If nobody ever reads their work or cares about their results, it's hard to make a case that much value has been produced (capital-wise).
By contrast, a person working at a nail factory might not be the smartest, or just capable, and may slack off. If their work produces nails that actually get boxed up and sold, there's real value to that effort that (ideally) is rewarded.