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 Originally Posted by OngBonga
I think I've come to the point where I think the most fruitful economy will be a capitalist one free of regulations. I would say I'm conflicted between this point of view on the one hand, and on the other a need for the state to control critical infrastructure. I was very much anti-capitalist when I first started posting here, not so much now. I think this is largely because I've come to realise that what we have isn't pure capitalism, and the problems I have with this system are more related to the aspects of the system which are anti-capitalist. For example, monopolies hurt the economy by depriving the market of competition. Excessive laws hurt the economy too, the obvious example is that I'm claiming benefits instead of growing weed and paying tax.
There are still major issues I have with capitalism, but I'll find major issue with any system that might otherwise appear appealing. For example, anarchy is a great idea until you realise that most people are cunts.
Great stuff. I am happy to hear it.
If I may quote Adam Smith: "it's not by the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but by their pursuit of their own interest." Derived from this concept is the Invisible Hand, that is, how a free market of competing self-interest-pursuing-individuals unintentionally organizes society to benefit those in it. When greed is monopolized, it's bad. When competitive, well, maybe Smith was right, maybe then greed is good*.
*Meaning that it results in good. Greed is sorta by nature not a moral good, but the claim I've presented is that competitive greed on the micro level unintentionally results in moral good at the macro level.
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