Why capitalism? Because it is the “most libertarian” system of social production? Because it happens to be merely a fortuitous adjunct to adherence to the non-aggression principle and man’s natural right to property? For those of you who still think that, ask yourself this. If you were convinced th…

I raise a tangential issue in reply to this here .

The whole point of salience is to achieve coordination between parties; its purpose is defeated if each person just chooses what’s best for him-/herself. The overriding priority in these games is to reach an agreement; each player would rather reach an unfavorable agreement than no agreement at all…

After reading AJ’s post here , where I think he takes Danny’s argument further than it has the legs to go, I had to come back to this discussion and point out that there seems to be a rational expectations thing going on with regards to capitalism. Yes, capitalism is the best system for achieving ma…

The whole point of salience is to achieve coordination between parties; its purpose is defeated if each person just chooses what’s best for him-/herself. The overriding priority in these games is to reach an agreement; each player would rather reach an unfavorable agreement than no agreement at all…

I was wondering that as well. There are several questions in this vein: Is the OP argument strictly that people may have other concerns - religious, moral, etc. - but that in the end material (in a Madonna “Material Girl” sense) concerns will always win out, or is “material wellbeing” taken to act…

That was a pretty satisfying answer, especially the parts about “which ends have material priority” and “the more material provision one has, the more he is freed from other concerns to pursue spiritual goals.” It may be worthwhile to point out somewhere, also, that capitalism cannot nurture their s…

Such is to be expected in a flexible legal system – people will agree in advance on rules that they believe will mutually benefit them, on average. But as long as these are actual people (and not Rawlsian ghosts), there will still be points of disagreement over which a compromise must be reached (i…

Zavoi, As I outlined in my OP, the wants of each and all are more bountifully provided the more individual income is tied to the individual’s contribution to consumer satisfaction. Insofar as contribution-irrelevant privilege becomes a factor of income, that tie is slackened, and the bounty for eac…

Why Capitalism?

Economics Economics Questions

Amanojack January 23, 2011, 4:27am 103

I try to address some of these material/psychic issues related to the OP in this other thread.

Topic		Replies	Views
Stop calling it capitalism, because capitalism = corporatism Political Theory	26	5296	September 5, 2010
How do you define the word "capitalism?" General	14	2645	August 1, 2012
Capitalism is just as bad as Statism. Economics Questions	90	12139	September 20, 2012
Capitalism = Destruction? Economics Questions capitalism , regulation , redistribution , recessions , resource	68	22805	March 5, 2012
Capitalism and Profits Economics Questions	11	2927	August 7, 2008

Why Capitalism?

Related topics

Related on the wiki