Capitalism is fine small scale, most systems are. Humans are just wired for efficiency and so with every player on the same board the most ruthless player wins.
Ah yes, the mythical small business capitalism we all hear about. I will agree it sounds good on paper and also seems to distribute money in a somewhat efficient manner.
Unfortunately there has never been a government able to regulate and keep capitalism this way. Other people have said it is simply not possible due to the nature of capitalism.
I think there is a worthwhile debate here around systems and culture. Perhaps capitalism could work if people were not inherently so greedy. I tend to believe that culture is the deciding factor which is a little disheartening honestly.
It’s not just culture. Most people value community and the well-being of others above amassing wealth (provided their needs are met). The problem is that capitalism indoctrinates us against those values, and even more that it rewards and empowers those who don’t share them at all.
Capitalism is fine small scale, most systems are. Humans are just wired for efficiency and so with every player on the same board the most ruthless player wins.
Ah yes, the mythical small business capitalism we all hear about. I will agree it sounds good on paper and also seems to distribute money in a somewhat efficient manner.
Unfortunately there has never been a government able to regulate and keep capitalism this way. Other people have said it is simply not possible due to the nature of capitalism.
I think there is a worthwhile debate here around systems and culture. Perhaps capitalism could work if people were not inherently so greedy. I tend to believe that culture is the deciding factor which is a little disheartening honestly.
It’s not just culture. Most people value community and the well-being of others above amassing wealth (provided their needs are met). The problem is that capitalism indoctrinates us against those values, and even more that it rewards and empowers those who don’t share them at all.
There’s no small scale capitalism as the Capital needs to expand more and more. Political Economy 101.