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> The author is not really being pessimistic Yes, you are right that I guessed the mindset of the author. My reasoning is that the title is "History will not r
by huijzer 3y ago
> The author is not really being pessimistic
Yes, you are right that I guessed the mindset of the author. My reasoning is that the title is "History will not remember us fondly". This is not a statement that we can with certainty verify today. It could be true, it could be false. Claiming that it is true is a very negative view, I would say. But you're right that I would have better focused on the argument. Thank you for the feedback.
> Or more likely, a different system, focused on human flourishing rather than profit-uber-alles, could be so much better.
That's my point. Let's try to fix the current system step by step. Capitalism is not perfect, but it can be better. Or as Churchill put it in 1947: "democracy is the worst form of government, except for all those others that have been tried." I think it's the same for capitalism. There seems to be some idea going around nowadays that there is some kind of third system that will solve all problems, but I don't see much practical evidence for that.
Also, "profit-uber-alles" is not what all companies aim for. Sure profits are important and there are many examples of. companies where the investors have taken over and aim for profit only. However, that's not a long term strategy. Companies which aim to make the life of consumers genuinely better tend to do better because morale is higher.
- jacknews 3y agoYes you're right there's currently no 'third system' just as there's no 'new democracy'. But we should be looking. In the case of capitalism, I think it is inherently and fundamentally misaligned, and can only be 'tamed', 'harnessed' and 'counterbalanced' to provide benefits to society, just as we currently do with taxes, fair trade/antitrust laws, and so on, but not actually 'fixed'.