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How about good ol' morals? We don't need to get rid of capitalism, but how about getting the proportionality back on track? Does a single person need to make bi
by MrGilbert 1y ago
How about good ol' morals? We don't need to get rid of capitalism, but how about getting the proportionality back on track? Does a single person need to make billions and billions of money? Should I, as a CEO, earn millions of dollars while my workforce can barely survive with one job?
I don’t think so. This is what needs to be fixed on a global scale.
- dragonwriter 1y ago> How about good ol' morals? We don't need to get rid of capitalism, Yes we do. Capitalism, even at the somewhat attenuated level it exists in the modern mixed economy compared to the original system of the same name, creates too strong of a reward system for immoral behavior to correct the moral problems while preserving the system. “It is difficult to get a man to understand something, when his salary depends on his not understanding it,” is a systemic, not isolated individual, problem with capitalism.
- BrenBarn 1y agoThat's true to an extent but I think that problem increases as that salary (or, more likely, capital gain) increases. So just limiting total wealth increases would likely reduce the temptation to sell out.
- dragonwriter 1y agoWell, sure, but that limitation is very much contrary to capitalism. A very good idea, but definitely moving away from capitalism.
- BrenBarn 1y agoSounds good to me! :-)