this post was submitted on 17 Sep 2023
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The whole assuming humans to be rational part is what messes up the calculation.
The core of capitalist economics relies on two things: perfect knowledge and rational people. I believe capitalism can work in so far as we have those two things.
So you're saying capitalism will literally never work? Based.
Sort of like a for-profit healthcare system will work if it relies on two things: everyone can afford insurance and everyone is very healthy.
So long as we never have to use this time machine, it works perfectly!
So only in our dreams. Got it
Well, it turns out they're nightmares at the moment, but yes, basically.