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We live (lemy.lol)
submitted 9 months ago by King@lemy.lol to c/whitepeopletwitter@sh.itjust.works
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[-] hglman@lemmy.ml 4 points 9 months ago

This is just saying that capitalism is the best because it behaves like capitalism.

[-] nbafantest@lemmy.world 1 points 9 months ago

Not really. Markets are great at rewarding clever improvements. Other systems are not great at that.

[-] hglman@lemmy.ml 1 points 9 months ago

Can you quantify that statement in any way?

[-] nbafantest@lemmy.world 1 points 9 months ago

"they align people’s incentives in ways that communicate where resources can be be used most efficiently, and give people reasons to come up with new ways of using existing resources."

[-] Croquette@sh.itjust.works 1 points 9 months ago

Spoiler: he can't

this post was submitted on 04 Jan 2024
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