Building on ewbronv's response: The starving man is best off if you open a bakery which can profitably sell him bread at a price he can afford. If there are starving people, it is because food is not available at a price they can afford.
Right. So I am saying that businesses can affect both the price, and the affording.
In a trade balance sense, where imports are perceived to reduce the economic viability of an area and exports are perceived to increase it? Or are you saying that businesses that pay low wages are harmful compared to businesses which pay high wages, sell the same amount of the same product (at a higher price), make the same profit, and distribute that profit the same way?
Today's post, Traditional Capitalist Values was originally published on 17 October 2008. A summary (taken from the LW wiki):
Discuss the post here (rather than in the comments to the original post).
This post is part of the Rerunning the Sequences series, where we'll be going through Eliezer Yudkowsky's old posts in order so that people who are interested can (re-)read and discuss them. The previous post was Entangled Truths, Contagious Lies, and you can use the sequence_reruns tag or rss feed to follow the rest of the series.
Sequence reruns are a community-driven effort. You can participate by re-reading the sequence post, discussing it here, posting the next day's sequence reruns post, or summarizing forthcoming articles on the wiki. Go here for more details, or to have meta discussions about the Rerunning the Sequences series.