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Larks comments on Traditional Capitalist Values - Less Wrong

38 Post author: Eliezer_Yudkowsky 17 October 2008 01:07AM

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Comment author: Larks 27 September 2010 03:25:09AM 1 point [-]

"Capitalism IS a win-win"

This is not true, or at least not obveously so. Individual deals in a Capitalist system might be win-win, but the system as a whole doesn't obveously make absolutly everyone better off than they would have been otherwise. For example, I personally would be better off if we had capitalism, but with a massive subsidy for mathematics students.