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by IntricateJake
2463 days ago
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>Economic actors all acting rationally in their own best interest >Capitalism is the root cause here. That is not how capitalism works, it works by providing value to the greater whole of people, that's how it obtains money. If a business isn't doing something we like, we don't purchase products, services, advice, etc. or at least that's how it should work. The bigger problem is why do we value the wrong things? or why are we unable to develop better solutions? I agree there are things we can improve about the environment (for example plastic in oceans, etc.) but saying capitalism is the root cause is foolish and unsubstantiated. |
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The entire large industry called "marketing" exists explicitly to subvert this process. Why make something people need, or like, when you can make them like it or feel like they need it through persistent psychological manipulation in form of advertising? Hell, why make them like it at all if you can make it addicting instead? They'll hate every minute of their lives but still come back to your product.
Then there are countless ways of making money by providing value to someone, while providing lots of negative value to other people - also known as externalizing costs.
Point being, capitalism is good at making money, period. That this implies providing value to society is not true in general; in fact, it turns out it isn't the most efficient way of making money in many cases. And capitalism is really good at making money efficiently.