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US Politics icon
US Politics 18h
Markets are an incredibly efficient method to distribute goods and services
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US Politics 1d
Capitalism is really fucking dumb when you think about it for more than half a second
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Anonymous 18h

But there is a tendency for the rate of profit to decrease over time as the proportion of value contained in commodities shifts from variable to constant capital. This is the ultimate problem capitalism faces and it’s why we can’t look at the current system as the end of history, just like feudalism capitalism will be replaced by a different mode of production

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Anonymous 18h

Yeah that’s all cool and good but does any part of capitalism address greed or hoarding or does it inherently encourage both?

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Anonymous replying to -> #1 18h

It does in the way that greed is manifested as participation in the market, but not entirely. I don’t think your morality should be enforced through the economic system you choose, but rather manifested in laws and norms. I support regulations for the market to take care of those interests which it doesn’t address

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Anonymous replying to -> #2 14h

This is something that Marx claimed, but like most of his claims, isn’t supported by the evidence.

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Anonymous replying to -> #1 14h

Is there some society you know that doesn’t run on greed?

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