3 ms·
> capitalism has no morals beyond profit. Liberalism does, to the extent the goal is human flourishing. Denigrating Capitalism for not being about morals makes
by lanfeust6 2y ago
> capitalism has no morals beyond profit.
Liberalism does, to the extent the goal is human flourishing. Denigrating Capitalism for not being about morals makes as much sense as denigrating a tractor for not being about morals. Capitalism is merely what is employed as a tool (in part, as we used mixed-market economy) for the economic branch of our system.
- anthk 2y agoThat's just trading goods for valuables. Not capitalism. Every system in the world since the Neolithic used tokens to interchange goods.
- lanfeust6 2y ago"That", i.e. the economic branch of Liberalism, is Capitalist, which is a combination of the right to private profit and property + market economy. > Every system in the world since the Neolithic used tokens to interchange goods. They used a bartering system. Price signaling came later. Coinage was technically existent rather early but did not see widespread use. Systems devoid of price-signaling a) don't scale, b) are irredeemably terrible. I guess you agree that it ought to have nothing to do with morality because this appears to be a non-sequitur.