World economy - Page 19/19

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Subject: World economy

kimjongl 13.04.20 - 11:54am

@ eyesore - 13.04.20 - 11:50am
This. its exactly why we come together, work together, help each other in times of war and pandemics etc. It's in the individuals interests to act collectively Once it's passed it isn't and on we go.

An example is roads, a huge infrastructural project that we all agreed to cooperate on because all would benefit. That doesn't mean we all decided that the state would be the ones to make the cars too. We build the roads together then go our separate ways to compete against each other to make the best cars. * +

cleancut 13.04.20 - 12:10pm

@ phallica - 12.04.20 - 10:46pm
Capitalism also fuels innovation, if there's no incentivisation to innovate and optimise through competition then you end up with a decadent society.

That's a fallacy, Capitalism drives efficiency. I'm not a communist, I think the free market is the most efficient mechanism to manage scarce resources. But Capitalism does not drive innovation. Penicillin was not discovered by, or because of Capitalism. Neither was fire, or weed. * +

kimjongl 13.04.20 - 12:13pm
You only have to look at the car and smartphone industries to see how capitalism drives innovation. * +

cleancut 13.04.20 - 12:16pm

@ eyesore - 12.04.20 - 10:40pm
Oh from a 1984 type point of view there would be some extremely compelling arguments

Please explain what you mean by this. * +

eyesore 13.04.20 - 12:21pm
I meant from a authoritarian big brother point of view there would be some very compelling arguments for this * +

sisfreak2017 13.04.20 - 12:26pm
It's a time to buy, just not Ppe. *

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