Comment on Think of the children

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irmoz@reddthat.com ⁨1⁩ ⁨year⁩ ago

I would like to hear YOU (not wikipedia) explain the difference between markets and economies. I suspect all you’ll come up with is scale…

Not just scale, but category. Economy describes the entire flow of goods around a given area. Market is a specific way to distribute goods, that is predicated on competition between sellers to sell goods to consumers. Economies don’t necessarily have to be market economies.

We havent worked out water yet. Water is virtually imparishable, comes in 1 flavor, is needed everyday, cannot be deformed, can be transported by static pipes… But its not done.

Because of capitalism. The infrastructure is already there to freely give water to entire nations. But certain people would lose out on money if it were nationalised… and those people have lots of money to lobby with.

Imagine how much harder of a problem food is than water. Its incalcuably more difficult.

Again, the infrastructure is already there. It’s just not used that way.

Most critiques of capitalism come post-robber barron

LOL no. Socialism has been a movement since capitalism began, dude.

So we switched to fiat to fund endless wars and dick with other free peoples. And everyone lives in debt to the banks named after the same robber barrons now. Charming. I would suggest you and I probably never saw a free market.

Seems pretty free right now. Ask Jeff Bezes and Elon Musk. They’re living pretty free.

I’m not sure why you’re not a socialist if you see the problems inherent in capitalism. The core difference between the two is that capitalism is set up to enrich owners of a business, and socialism is set up to enrich the workers. I’m honestly asking, why do you object to that?

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