Is basing society around selfishness wise (Adam Smith etc)
October 13, 2020 at 1:30 pm
(This post was last modified: October 13, 2020 at 1:39 pm by Duty.)
The "invisible hand" in economics is a familiar concept to most around here no doubt. It is the force whereby free market capitalism "works" - essential to its functioning is that people and firms act in their own selfish best interest.
Is it really any wonder there's so much unrest/depression/substance abuse/loneliness etc etc etc when we are centrally presumed to be, and encouraged to be, fundamentally selfish in our working lives and all our interactions with goods and services (also known as the extant economic paradigm)? Doubtless for most these interactions and work make up the majority of a life - and the economics shrieks and revolves around the concept that we are and need be, that most distasteful and universally maligned (and rightly so) of human dispositions, selfish above all else.
WOW how I detest the Tory/GOP mindset and economic policy...now more than ever....death to majority free market capitalism says I :Hack Spit:
Thoughts?
Is it really any wonder there's so much unrest/depression/substance abuse/loneliness etc etc etc when we are centrally presumed to be, and encouraged to be, fundamentally selfish in our working lives and all our interactions with goods and services (also known as the extant economic paradigm)? Doubtless for most these interactions and work make up the majority of a life - and the economics shrieks and revolves around the concept that we are and need be, that most distasteful and universally maligned (and rightly so) of human dispositions, selfish above all else.
WOW how I detest the Tory/GOP mindset and economic policy...now more than ever....death to majority free market capitalism says I :Hack Spit:
Thoughts?