It’s not people being morons it’s people following the incentives of the system and fulfilling the responsibilities given to them by the companies they work for. Both of those are directly tied to capitalism. Because those “morons” are doing what capitalism strives for: maximizing the return on invested capital.
How exactly do you think that Wikipedia page disputes that companies are incentivised to maximize profit over everything else? It clearly says that
However, the doctrine of shareholder primacy has been criticized for being at odds with corporate social responsibility and other legal obligations.
The social responsibilities have to be enforced from the outside exactly because they are “at odds” with what companies would do without that enforcement.
People following incentives blah-bkah is people being morons. See also “I was following orders” fallacy applied to army
Capitalism strives for something? Niice. And I thought “economic system” does not have any strivings
Anything has to be enforced because we consistently fail to produce developed and balanced humans. Whatever -ism you try to build around what kind of people we have now, it will fail. So cut the crap about capitalism already
People following incentives blah-bkah is people being morons. See also “I was following orders” fallacy applied to army
No? It’s being smart in the system around you. It might be unethical but following the incentives is the easy and profitable option. the incentives are set by the system in which you are living. Capitalism.
Capitalism strives for something? Niice. And I thought “economic system” does not have any strivings
I’m not sure where you got this. Economic, or broader, any social system strives for some kind of goal. Otherwise society wouldn’t have implemented them. In the case of capitalism that goal is return on investments.
Anything has to be enforced because we consistently fail to produce developed and balanced humans. Whatever -ism you try to build around what kind of people we have now, it will fail. So cut the crap about capitalism already
The idea that there could be “developed and balanced” humans that would just resist the drive for profit that dominates our whole economy is just so flawed. We shouldn’t try to make humans that fit the economic model. We should try to make an economic model that fits the humans we have. And the humans we have largely follow the incentives provided by the system, no matter how unethical the outcomes might be.
To some degree I agree with you. But it should be noted that poorly regulated capitalism often makes the smart decision for your own best interests to screw with others. Whereas better regulated capitalism (and socialism) theoretically makes that a smart decision less often.
Also, companies do exist, they exist specifically to shunt responsibility off of individuals. (Which isn’t necessarily a bad thing, because single people having responsibility for massive economic things is probably a recipe for disaster.)
We do need a significant change in culture, we also need to change the system.
It’s not people being morons it’s people following the incentives of the system and fulfilling the responsibilities given to them by the companies they work for. Both of those are directly tied to capitalism. Because those “morons” are doing what capitalism strives for: maximizing the return on invested capital.
How exactly do you think that Wikipedia page disputes that companies are incentivised to maximize profit over everything else? It clearly says that
The social responsibilities have to be enforced from the outside exactly because they are “at odds” with what companies would do without that enforcement.
People following incentives blah-bkah is people being morons. See also “I was following orders” fallacy applied to army
Capitalism strives for something? Niice. And I thought “economic system” does not have any strivings
Anything has to be enforced because we consistently fail to produce developed and balanced humans. Whatever -ism you try to build around what kind of people we have now, it will fail. So cut the crap about capitalism already
No? It’s being smart in the system around you. It might be unethical but following the incentives is the easy and profitable option. the incentives are set by the system in which you are living. Capitalism.
I’m not sure where you got this. Economic, or broader, any social system strives for some kind of goal. Otherwise society wouldn’t have implemented them. In the case of capitalism that goal is return on investments.
The idea that there could be “developed and balanced” humans that would just resist the drive for profit that dominates our whole economy is just so flawed. We shouldn’t try to make humans that fit the economic model. We should try to make an economic model that fits the humans we have. And the humans we have largely follow the incentives provided by the system, no matter how unethical the outcomes might be.
-being smart my ass, lol (that’s insult to the idea, not you). That is not being smart, that is being stupid life-wise
almost any social system is an immature mumbo-jumbo produced and kept in place by idiots. All -isms fall into this category
the idea that humans are capable of recognising how life works is flawed in your eyes? Thanks, I end this conversation
To some degree I agree with you. But it should be noted that poorly regulated capitalism often makes the smart decision for your own best interests to screw with others. Whereas better regulated capitalism (and socialism) theoretically makes that a smart decision less often.
Also, companies do exist, they exist specifically to shunt responsibility off of individuals. (Which isn’t necessarily a bad thing, because single people having responsibility for massive economic things is probably a recipe for disaster.)
We do need a significant change in culture, we also need to change the system.