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Correct. Unfortunately, that's not how capitalism makes decisions.
by hackyhacky 4mo ago
Correct. Unfortunately, that's not how capitalism makes decisions.
- tirant 4mo agoCapitalism does not decide anything. Capitalism allows individuals to take decisions in a free market. If you want to complain about selfishness then do it on selfish individuals, which by the way, are present in all types of economic systems.
- goatlover 4mo agoWhich includes SCOTUS recognizing corporations as persons.
- hackyhacky 4mo ago> Capitalism allows individuals to take decisions in a free market. Capitalism provides a set of incentives that shape how people make decisions. Anyone can be selfish, but selfishness in capitalist society has a particular shape. To ignore the external incentives when looking at human behavior is horribly naive and shortsighted, but is frequently done by capitalism-apologists who seek to disregard any criticism of their favorite incentive system.