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by dragonwriter 333 days ago
> How about good ol' morals? We don't need to get rid of capitalism,

Yes we do. Capitalism, even at the somewhat attenuated level it exists in the modern mixed economy compared to the original system of the same name, creates too strong of a reward system for immoral behavior to correct the moral problems while preserving the system.

“It is difficult to get a man to understand something, when his salary depends on his not understanding it,” is a systemic, not isolated individual, problem with capitalism.

1 comments

That's true to an extent but I think that problem increases as that salary (or, more likely, capital gain) increases. So just limiting total wealth increases would likely reduce the temptation to sell out.
Well, sure, but that limitation is very much contrary to capitalism. A very good idea, but definitely moving away from capitalism.
Sounds good to me! :-)