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by smolder
862 days ago
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> economy is basically a fancy word for the system that distributes each human's limited time into the various tasks society needs That's a bit too idealist a view for me. The economy isn't strictly or even mostly about fulfilling needs of society, but the aggregated demands of those with economic power, both wants and needs. A lot of what we spend effort on is not useful to society and a lot of needs go unmet. Certainly not every wasteful activity can be waved away as investing in our mental health. Some leisure is a net negative there, too. Some spending is destructive, with no upside. We humans are only somewhat-rational actors. |
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