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Dagon comments on Open thread, May 15 - May 21, 2017 - Less Wrong Discussion

1 Post author: Elo 15 May 2017 07:06AM

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Comment author: philh 18 May 2017 05:25:09PM 0 points [-]

To clarify, I think capitalism is pretty great (applause light). I'm pointing at something that I think is a not-great feature of capitalism, but I don't have any better ideas.

Comment author: Dagon 18 May 2017 06:27:22PM *  2 points [-]

I get that. From my standpoint, this isn't a not-great feature of capitalism, it's a not-great feature of human choices, or maybe of a universe that contains limited resources and independent-goal actors. Capitalism is neither great nor problematic, in fact it's not a thing at all. It's a side-effect of individual agency and individual decisions about resources.

(edited to add) you can argue that it's also a side-effect of our particular consensual popular conception of "property". Ok, stipulated. But there's not much hope in having ANY system of persistent ownership that doesn't include lots of elements of capitalism. And without the idea of property ownership, everything goes to hell (well, to the strongest/cruelest/luckiest risk-taker).

Comment author: philh 19 May 2017 10:03:50AM 0 points [-]

Yes, I agree with that too.