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Cake day: June 14th, 2023

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  • Gigan@lemmy.worldtoMemes@lemmy.mlKnow the difference.
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    7 months ago

    I think human nature is inherently greedy and selfish, and capitalism is best equipped to use this in a way that benefits society. Workers are motivated to work harder and learn new skills to find the most rewarding job they can. Businesses are motivated to create products and run as efficiently as possible. Consumers are motivated to get as much value as the can out of their money. Everyone in the equation is acting selfishly and in their own self-interest (which I believe humans are inclined to do anyway) but when applied on a societal level, everyone benefits. However I will concede that this is a balancing act that requires some level of government regulation to maintain.

    On the other hand, I think communism only works when everyone acts altruistically. Which is noble, but unrealistic.