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Enlightening comment. Why's it a failure exclusive to capitalism? Would this not have happened under a mixed economy, or a centrally-planned one?
by Philorandroid 4y ago
Enlightening comment. Why's it a failure exclusive to capitalism? Would this not have happened under a mixed economy, or a centrally-planned one?
- iosono88 4y ago[dead]
- kevviiinn 4y agoDiffering incentives under different structures
- lm28469 4y agoI would expect other systems to optimise/maximise other things, the current, especially in the US thanks to lobbies and borderline corrupt politicians + conflicts of interests, maximises wealth acquisition and cost reduction without any regard for health or long term effects It's really similar to the tobacco industry back in the days, and will probably end up the same way (fingers crossed) https://www.youtube.com/watch?v=DboTyNu-FLk https://www.youtube.com/watch?v=DboTyNu-FLk https://www.ncbi.nlm.nih.gov/pmc/articles/PMC2866605/ https://www.ncbi.nlm.nih.gov/pmc/articles/PMC2866605/