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> Who consumes the goods produced by the factories and mines? Not all consumption is good. It can harm health, relationships, etc. And many goods have been rav

by goda90 2mo ago

> Who consumes the goods produced by the factories and mines? Not all consumption is good. It can harm health, relationships, etc. And many goods have been ravaged by planned obsolescence and other corner cutting such that we're forced to consume more to maintain status quo. > Who lives in the apartments and takes the high speed rail? This is frankly an entirely different class from mines and factories. While there is "NIMBYism" over both, the reasoning for it can be vastly different. The reason I started my comment with "Privatize the profits, socialize the losses" is not because we shouldn't have any mines or factories or apartments or high speed rail or automation. It's because our corrupted system means the negative impacts of them is felt more by the public while the positive impacts are concentrated in fewer people. Automation that enriches everyone is great. Automation that leaves people destitute is not. These things don't just naturally end up on the positive side.

Legend2440 2mo ago
>Not all consumption is good. That's not your call to make. If I am willing to spend my hard-earned money on a thing, it's because I think it will improve my life. Who are you to tell me otherwise? You're not my mom. And it is not true that we "Privatize the profits, socialize the losses". Bailouts are rare exceptions; in general, investors take the loss when a business fails. They are last in line in bankruptcy court and cannot be insured.
- inigyou 2mo ago
  And there we have it. Corporations must have unlimited rights because, and I quote, "You're not my mom."
  - red-iron-pine 2mo ago
    still a better argument than most of ayn rand
- Timon3 2mo ago
  >> Not all consumption is good. > That's not your call to make. That's not your judgement to make. First it's patently false in almost every modern society (there might be some with literally no restrictions on private ownership, idk), and second everyone can come to their own conclusions. I for one am glad we don't have 8-year-olds enjoying one last smoke before an entire day in the mines, and if we did, I wouldn't let you tell me I can't say whether that's good or bad. You're not my mom.

by goda90 2mo ago

Legend2440 2mo ago

>Not all consumption is good. That's not your call to make. If I am willing to spend my hard-earned money on a thing, it's because I think it will improve my life. Who are you to tell me otherwise? You're not my mom. And it is not true that we "Privatize the profits, socialize the losses". Bailouts are rare exceptions; in general, investors take the loss when a business fails. They are last in line in bankruptcy court and cannot be insured.

inigyou 2mo ago
And there we have it. Corporations must have unlimited rights because, and I quote, "You're not my mom."
- red-iron-pine 2mo ago
  still a better argument than most of ayn rand
Timon3 2mo ago
>> Not all consumption is good. > That's not your call to make. That's not your judgement to make. First it's patently false in almost every modern society (there might be some with literally no restrictions on private ownership, idk), and second everyone can come to their own conclusions. I for one am glad we don't have 8-year-olds enjoying one last smoke before an entire day in the mines, and if we did, I wouldn't let you tell me I can't say whether that's good or bad. You're not my mom.