Comment by southernplaces7
Comment by southernplaces7 2 days ago
>how it is any less of a capitulation to the worse tendencies of human nature (hoarding resources for yourself, imposing destitution upon others to get them to do what you want, believing other people are worthless and lazy and that you alone have the wherewithal to be a true hard working human and thus you deserve the extra capital you extract).
These are almost perfect summaries of how communism was indeed applied by the powerful oligarchy of bureaucrats who ran it with an authoritarian, sometimes even totalitarian fist in the countries where it was the applied form of government.
As a summary of market economics, your breakdown is a grossly misguided caricature on the other hand. While there are exceptions and inefficiencies, most wealth in the market economies isn't created by hoarding anything after having taken it from others, it's instead created by cleverly using limited resources to deliver something to others who want to hand over their money inn exchange for the alternative value you provide, and also finding more capital-efficient ways of doing more of the same on a greater scale.
A market economy doesn't impose destitution on others or force them to do what it wants. The opposite is true, through price mechanisms and mutually advantageous trade, it reduce scarcity while slowly improving options. It has its many flaws, but far fewer of them than the extremely crude and often brutal parodies of the same that were the case under the communist systems (which essentially replicated markets for their subjects, but under a form of central planning that was terribly inefficient and truly subject to the legal whims of a small coterie of oligarchic leaders)
You draw an almost Leninesquely crude image of how markets work despite all their complexity in which you yourself are a participant and a beneficiary.
> As a summary of market economics, your breakdown is a grossly misguided caricature on the other hand. While there are exceptions and inefficiencies, most wealth in the market economies isn't created by hoarding anything after having taken it from others, it's instead created by cleverly using limited resources to deliver something to others who want to hand over their money inn exchange for the alternative value you provide, and also finding more capital-efficient ways of doing more of the same on a greater scale.
This seems like a nice empty abstraction to wield to shield yourself from serious and sober moral analysis. Every man owes society a debt through his training, education, knowledge, the public services he enjoys, and the good will of others. Yet, in spite of this, under capitalism many men feel justified to take more from others—on what grounds? In many cases, they also feel justified in outright extorting others, or socializing costs. Yet I'm sure you view all manner of these practices as "cleverly using limited resources"—I can't wait to use that as my excuse when I dump factory waste into the local reservoir.