personal opinion: there is no such thing as an interest of a state or government there are interests of people and the economics behind those makes it hard to isolate - similar to religion vs traditions ("that's not the religions fault… it's the traditions fault")
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isn't it (crudely) to just grow & amass power? the state seems like a concrete thing whereas capitalism more abstract so that would seem more relevant to your statement IMO you could say corporations have the same motivations, but those are economically owned by ppl, and can die
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Markets are blind, impersonal, intentionless mechanisms. Governments have people at the helm and at least the appearance of caring.
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Governments have a feedback loop. Markets have no feedback loop EXCEPT for social regulation
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Maybe you should go read some Karl Polanyi or
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Given that property rights, which are a basis for market transactions, are generally enforced by rule of law and monopoly use of force by a state entity, I think it’s often pointless & Very Basic™ to blame state v. markets or vice versa bc they’re enmeshed in each other.
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The thought goes: capitalism optimizes for profit, governments optimize for people's wellbeing. The things govs optimize for are more aligned with human values. Of course neither are completely one-dimensional, and neither (govs especially) are good at what they do.
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But as far as aligned incentives go, incentives are supposed to be more aligned in gov'ts. If we do government better, it's easy to see how things would improve. If we do capitalism better, well that's a lot less clear.
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I think one reason is that to many capitalism appears zero-sum, and the people who profit the most are selfish. Whereas politicians appear to serve the public and make selfless promises (although how many political promises are ever honored?).
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Very much this. The insight people miss most often is the superadditive nature of rationally self-interested capital creation, which increases society's net wealth. Investing in others is the logical extension of this idea, especially w.r.t. non-monetary forms of capital.
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