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There is no law of economics that says that a society must improve. It is entirely feasible for capital to concentrate to the point that the productive classes
by lumost 2y ago
There is no law of economics that says that a society must improve. It is entirely feasible for capital to concentrate to the point that the productive classes are no longer able to produce due to lack of surplus investible capital.
The reason why these systems are not fixed is that it does not make sense to hire the engineers to fix them, the customers lack the money to afford the improvements.
- antgonzales 2y agoWhy begs the question, what is the point of captialism if it cannot maintain key infrastructure?
- mycall 2y agoPerhaps as coding becomes commoditized by Agentic AI, or whatever it evolves into, these types of problems in infrastructure too will become easier to maintain.
- Sabinus 2y agoNot to let it get so deregulated that it falls under the weight of its own greed. Pure capitalist forces will cook any system, needs a mix for functioning markets.
- _w1tm 2y agoWhen has capitalism been about maintaining key infrastructure? That’s what government is for!
- fithisux 2y agoGovernment hires capitalists to do it's job, and is bribed by them. Still people have voted with their silence for this to be the status quo. So what government is for, is a choice of the people, the rest is toothpaste advertisement.
- fithisux 2y agoNone