[otterdude]

I think youre confusing a religious like belief in capitalism that posits that "greed is good" despite any contra indication with economics, which is a discipline where conjecture is taught as fact and empiricism if frowned upon.

I'm not even going to touch your examples. They are completely illogical? Dell? The Internet?? Thats one company, and a technology.

If you read the wealth of nations, the only real promise of capitalism is that competition lowers prices, and thats why its considered "good" not because it solves all problems. I believe that, the rest is ill-supported conjecture.

To point out the global stupidity that is economics, there is absolutely no consideration for the concept of a constraint. Constraints are a fundamental problem in optimization.

This article lays it out nicely. https://sloanreview.mit.edu/article/rethink-the-growth-imper...

Research this topic and you'll find economists arguing insistently that the conservation of mass or energy don't exist.

[saimiam]

Nowhere did I say that economics = greed is good capitalism.

Economics is fundamentally a study of how human and human society processes self interest.

It tries to find broad patterns in how we process self interest and then supports or subverts those patterns. To build on your example, capitalism reinforces self-interest while communism tries to regulate self interest. Both are economic theories.

Two countries on Dell’s supply chain not wanting to fight against each other is an example of weighing self interest and deciding that participating in a global supply chain is worth more than fighting a war.