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> Plenty of greedy people in non-capitalist systems. Totally agreed. But I am not placing any moral value on either greed or capitalism. I would think, however
by nickpp 4y ago
> Plenty of greedy people in non-capitalist systems.
Totally agreed. But I am not placing any moral value on either greed or capitalism. I would think, however, that capitalists would not ignore such an obvious profit center as the sex industry. Thus my bafflement.
- robertlagrant 4y ago> I would think, however, that capitalists would not ignore such an obvious profit center as the sex industry Because you're conflating capitalism and greed. Capitalism doesn't mean "do anything for money". It means "as much as possible, people get to decide among themselves how to allocate their money and time". Some of them will invest in anything, just as people in non-capitalist countries. Most will only invest in certain things.
- nickpp 4y agoBut look at how investment in weed, which was once considered "drugs == bad", flourished after legalization, with ETFs and such. Lots of sex work, including porn, is legal afaik. However banks and other civilian gate holders (Apple AppStore, etc) keep stifling investment in it.
- robertlagrant 4y agoI'm sorry, I don't see how that relates to what I was saying.
- JohnFen 4y ago> Capitalism doesn't mean "do anything for money". In the abstract, perhaps not. The way it exists in the US, though, it means exactly that.
- nickpp 4y agoThis very thread is exactly about how, in US, it doesn’t.
- cowl 4y agoWhat you missing is that by chosing this obvious profit center they risk a much larger profit center because the backlash. It's not a moral thing, it's a calculated choice. That's why who takes this risks also charges a much higher fee to make up for the opprtunity cost in other areas.
- worik 4y ago> But I am not placing any moral value on either greed or capitalism That is a missed opportunity * Capitalism: A system where who owns resources matters more tan who needs them is a morally bankrupt system. A system where starvation and homelessness is an acceptable outcome * Greed. Greed is bad for everybody. Concentrates scarce resources where they are not needed, that too is moral bankruptcy
- LargoLasskhyfv 4y agohttps://duckduckgo.com/?t=ftsa&q=Greed+is+good!+Greed+works https://duckduckgo.com/?t=ftsa&q=Greed+is+good!+Greed+works! Edit: Quoted from memory of https://en.wikipedia.org/wiki/Wall_Street_(1987_film) https://en.wikipedia.org/wiki/Wall_Street_(1987_film)
- nickpp 4y agoFunny enough my country was starving under communism but we are living in plenty under capitalism. Since I lived under the alternative and I have seen its evilness, I will take capitalism any day - the very system that allowed and incentivized us to create those resources you are eyeing in the first place. As for greed, I have yet to meet a person more greedy than the ones claiming to know where to direct those scarce resources they did not create, if only we’d give them the power to do so. Such high morals too, unlike those "morally bankrupt" capitalists who greedily built businesses, jobs, countless goods and services to only enslave us and enrich themselves, obviously.
- robertlagrant 4y agoI'm glad you chimed in with this. This is the point: capitalism knows self-interest exists, and creates a system to harness it. Communism and similar pretend greed doesn't exist, and creates overly powerful central bodies to make everything fair.