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by Beldin 1216 days ago
You skipped over the part where we consider if the concept of a business is a good thing for the world.

In a capitalist society, these are basically competing entities seeking to maximise their own profits. This entails minimising expenses. That is, in capitalist society, businesses work to charge as much as possible, give back as little value as possible, and put as much pressure on their suppliers as possible to lower prices.

The argument that this is a net positive for society could use a little substantiation.

3 comments

> The argument that this is a net positive for society could use a little substantiation.

The majority of societies that have tried anything different were/are significantly worse for the average person. That seems like more than a little substantiation.

I don't necessarily disagree with your sentiment but I think at this point it is good to take a step back and consider the magnitude of the statement you just made.

Consider the extent of human societies that have existed, what it is that we know of them and through what lens we know of them. What do we mean by the words "significantly worse"? Where does this idea of "worse" stem from? And let's not forget the average person. How do we measure what's good for this average person?

Sorry for the random remarks your comment caught my eye for some reason. The point here isn't for some bogus relativism but merely to state the obvious, that the human condition can be far more complicated than we give it credit.

What is the alternative to businesses. A centralized authority that dictates what is made and who gets to make it?

All the reasons you say businesses suck are also the reasons why they work well. They need to react instantly to market pressures. If someone is making something no one wants they will crumble, if a new demand springs up businesses will instantly be created to meet it. I can't think of another system that is instantly responsive to a changing world and doesn't require much oversight.

> The argument that this is a net positive for society could use a little substantiation.

I can make the theoretical argument all day, but really, we've lived in a world that has done this experiment for us. I look at capitalist countries, I look at communist countries, and I think it's pretty clear which ones are better to live in.