In brief: capitalism is not defined as "unpleasant thing that creates lots of wealth" and socialism is not defined as "pleasant thing that costs lots of wealth". Not AT ALL. There are vast issues at stake in any choice which can be framed as "capitalism vs socialism", and none of those is "how much wealth would it take". We already have MANY times enough spare wealth for no-one in the world to starve, yet somehow people still do.
Of course, but wealth production and happiness certainly trade off against one another, don't they? E.g. if corporations get their employees to be more productive, those employees will (likely) produce more wealth and be less happy.
You could imagine a production-possibility frontier representing the maximum levels of economic growth and happiness that are achievable. In some cases, taking steps to increase economic growth will also incidentally increase happiness. (E.g. if your employees are working 80-hour weeks, decreasing the number of hours they wor...
The last thread didn't fare too badly, I think; let's make it a monthly tradition. (Me, I'm more interested in thinking about real-world policies or philosophies, actual and possible, rather than AI design or physics, and I suspect that many fine, non-mind-killed folks reading LW also are - but might be ashamed to admit it!)
Quoth OrphanWilde:
Let's try to stick to those rules - and maybe make some more if sorely needed.
Oh, and I think that the "Personal is Political" stuff like gender relations, etc also belongs here.