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by forapurpose 2878 days ago
> This is of course a bad outcome for society, but that's how capitalism works - and if we want companies to optimize for/prefer families, then we should structure the societal incentives such.

There's a premise here (and in many similar arguments) that the capitalists and their decision-makers (the managers) can only follow financial incentives; they are almost victims of circumstance with no agency of their own.

Markets and financial incentives are useful tools, but very imperfect. To keep society functioning and to do good and do well, we all must sacrifice some financial benefits. What is the financial incentive for soldiers, as a simple example, or for nurses who serve in Ebola zones? For Albert Einstein? 'The market made me do it' is not a defense; there are financial incentives for murder too; we must make our own decisions and we are responsible for the consequences.

From another perspective, it's ironic that capitalists, traditionally more conservative, take on this structuralist argument, usually abhorred by the right. If we say the system makes minorities and women poor, they say it's nonsense. If we say the system makes capitalists do evil, well what else could they do?

1 comments

> There's a premise here (and in many similar arguments) that the capitalists and their decision-makers (the managers) can only follow financial incentives

No that's just your interpretation.

> there are financial incentives for murder too

Indeed, whici is why the society introduced significant non-financial (and financial) disincentives for murder to counteract them.