3 ms·
I take it that your catalogue of the failures of modern "capitalism" is not an argument in favour of it, but you concurring with me that it's destructive. That
by nonrandomstring 3y ago
I take it that your catalogue of the failures of modern "capitalism"
is not an argument in favour of it, but you concurring with me that
it's destructive. That we are in a catastrophic local minima in 5,000
years of human history isn't a great argument that "no such world ever
existed". That would be parochialism [0]
[0] https://en.wikipedia.org/wiki/Parochialism https://en.wikipedia.org/wiki/Parochialism
- Arainach 3y agoThere is no period in recorded history where an economy was dominated with a number of small players of roughly equal status in competition for an extended duration. 5,000 years of human history is roughly as long as we have the concept of an economy. Before that, you had access to the people in your immediate vicinity and "competition" for services was not a concept.