←back to thread

Are we the baddies?

(geohot.github.io)
693 points AndrewSwift | 3 comments | 06 Jul 25 05:36 UTC | HN request time: 0.514s | source
Show context
xoralkindi ◴[06 Jul 25 08:14 UTC] No.44478794[source]▶
> Someday, people will have to realize we live in a society. What will it take?

Anarchism, socialism and communism can work perfect in a small village where everyone knows and trusts each other. But if you scale it up it does not work well because people can be corrupt. If you want to scale up to a Geo Global level that is trust-less the best way we know is to use Capitalism, but Capitalism ends up becoming more and more centralized.

Because Capitalism is inherently competitive there will always be winners and losers and these are not just businesses it's everyone in the system because capital is required to partake in the system. This competitiveness is also what leads to the lack of "morality".

What will it take?

I think you cannot have the benefits of capitalism without these side-effects.

replies(3): >>44478843 #>>44478977 #>>44479359 #
1. boudin ◴[06 Jul 25 10:08 UTC] No.44479359[source]▶
What are the benefits of capitalism?
replies(2): >>44479696 #>>44481805 #
2. xoralkindi ◴[06 Jul 25 11:14 UTC] No.44479696[source]▶
It can scale economies and can run on the global level, it also brings about rapid advances in Science and Technology. It also provides more options for individuals than in Socialism, in this regard Capitalism is more decentralized than Socialism.
3. Ray20 ◴[06 Jul 25 15:55 UTC] No.44481805[source]▶
With it, you don't have to die from hunger. Not much, but compared to the alternatives, it is one of the strongest arguments in favor of capitalism.