People are better at helping themselves than helping others. Capitalism is a net positive because of this universal comparative advantage
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Replying to @drethelin
@drethelin This is the argument for liberty, but you should consider the arguments against before declaring capitalism "net positive".2 replies 0 retweets 2 likes -
Replying to @admittedlyhuman
@admittedlyhuman what are the aguments against? I cosidered some but prolly not all or the best ones. In general you should try to refute me2 replies 0 retweets 0 likes -
Replying to @drethelin
@drethelin like I could start listing off various forms of market failure, but I suspect you are already familiar with the concept?3 replies 0 retweets 0 likes -
Replying to @admittedlyhuman
@admittedlyhuman@drethelin is there a name for the position "competent intervention > free markets > semi-competent intervention"3 replies 1 retweet 1 like
@admittedlyhuman @drethelin then one can go on to evaluate what level of intervention competence is promoted by "yay/boo intervention"
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