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by acallaha
1240 days ago
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I agree with other commenters that rosy retrospection may be at play, and that in many regards the world today is better than ever before. That said, you might enjoy Scott Alexander's essay "Meditations on Moloch", describing how many aspects of our society are multipolar traps / races to the bottom: https://slatestarcodex.com/2014/07/30/meditations-on-moloch/ A sample: Imagine a capitalist in a cutthroat industry. He employs workers in a sweatshop to sew garments, which he sells at minimal profit. Maybe he would like to pay his workers more, or give them nicer working conditions. But he can’t, because that would raise the price of his products and he would be outcompeted by his cheaper rivals and go bankrupt. Maybe many of his rivals are nice people who would like to pay their workers more, but unless they have some kind of ironclad guarantee that none of them are going to defect by undercutting their prices they can’t do it.
Like the rats, who gradually lose all values except sheer competition, so companies in an economic environment of sufficiently intense competition are forced to abandon all values except optimizing-for-profit or else be outcompeted by companies that optimized for profit better and so can sell the same service at a lower price.
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https://equilibriabook.com/molochs-toolbox/