Competition is an integral part of our society. You presented many theories here, but didn't back it up with any substance at all. 2:40 So I guess you will be spending your money for charity then, for the greater good of course.
When you walk away & go somewhere else, essentially you are now giving them incentive to compete for your patronage, time, & or effort. All socialism does is hold back progress by monopolizing & or restricting choices. This is one of the reasons it fails. If it weren't for competition, most of what we have made or have done would not have been possible.
Competition drives incentive & incentive drives freedom of choice. Without incentive why would anyone do anything? Socialism will only work when there is no longer a need for money or capital. Capitalism is trust plane & simple. If you don't trust, you walk away & don't give them your business or time.
How do you distinguish between "beneficial for society" and "profit"? Where do profits come from? People buying products. Why would someone choose to buy one product over another, or over saving money? Because they expect to maximize their satisfaction with that choice. So either you're arguing that people are so irrational that they need someone else to tell them what's good for them, presumably a non-person (???), or else you're against fulfilled desires.
@adjohnson916 You realize that there is a difference between what someone sees as satisfactory at one point in time and what is ultimately beneficial to them and society.
@Stephen5000 Who should be tasked with predicting the future and rationally calculating this overarching "benefit to society"? So they then get to make certain "irrational" market activities illegal? Sounds kinda fascist. Unless you had another solution...
@Stephen5000 How do we know this? Since we're unable to make rational decisions for ourselves, we can't trust our own opinions of government, right? We can't trust our own voter choices in elections. So that isn't a solution to the problem of people making what you consider "irrational" choices, is it? Unless you don't believe in democracy. Which, like I said, seems fascist.
@adjohnson916 For starters: quit putting words into my mouth.
Secondly, this all comes from my statement that the competition for profits doesn't always lead to what is beneficial to society. (and how could it unless specific persons' profits are the be-all and end-all of society?) What is good for some people in the short term (e.g. short-term profit) isn't necessarily what is best for them in the long term or what is best for anyone else.
Competition is an integral part of our society. You presented many theories here, but didn't back it up with any substance at all. 2:40 So I guess you will be spending your money for charity then, for the greater good of course.
bweazel 3 months ago
When you walk away & go somewhere else, essentially you are now giving them incentive to compete for your patronage, time, & or effort. All socialism does is hold back progress by monopolizing & or restricting choices. This is one of the reasons it fails. If it weren't for competition, most of what we have made or have done would not have been possible.
JWH91969 1 year ago
@JWH91969 You have an extremely naive conception of Capitalism if you think it's any different sweetheart.
Siva3Enthroned 3 months ago
Competition drives incentive & incentive drives freedom of choice. Without incentive why would anyone do anything? Socialism will only work when there is no longer a need for money or capital. Capitalism is trust plane & simple. If you don't trust, you walk away & don't give them your business or time.
JWH91969 1 year ago
This has been flagged as spam show
Sorry, this video didn't do it for me.
How do you distinguish between "beneficial for society" and "profit"? Where do profits come from? People buying products. Why would someone choose to buy one product over another, or over saving money? Because they expect to maximize their satisfaction with that choice. So either you're arguing that people are so irrational that they need someone else to tell them what's good for them, presumably a non-person (???), or else you're against fulfilled desires.
adjohnson916 1 year ago
@adjohnson916 You realize that there is a difference between what someone sees as satisfactory at one point in time and what is ultimately beneficial to them and society.
Stephen5000 1 year ago
@Stephen5000 Who should be tasked with predicting the future and rationally calculating this overarching "benefit to society"? So they then get to make certain "irrational" market activities illegal? Sounds kinda fascist. Unless you had another solution...
adjohnson916 1 year ago
@adjohnson916 Governments of all types already do this to some extent or another.
Stephen5000 1 year ago
@Stephen5000 How do we know this? Since we're unable to make rational decisions for ourselves, we can't trust our own opinions of government, right? We can't trust our own voter choices in elections. So that isn't a solution to the problem of people making what you consider "irrational" choices, is it? Unless you don't believe in democracy. Which, like I said, seems fascist.
adjohnson916 1 year ago
@adjohnson916 For starters: quit putting words into my mouth.
Secondly, this all comes from my statement that the competition for profits doesn't always lead to what is beneficial to society. (and how could it unless specific persons' profits are the be-all and end-all of society?) What is good for some people in the short term (e.g. short-term profit) isn't necessarily what is best for them in the long term or what is best for anyone else.
Stephen5000 1 year ago