logoalt Hacker News

vrganjyesterday at 12:48 PM1 replyview on HN

Heh sure, it's great at optimizing.

The problem is it's an optimizing function for the rich getting richer, not for the good of society, not for reducing human suffering, not even, y'know, the survival of the human race.


Replies

philipallstaryesterday at 8:51 PM

This is just silliness. Rich people got rich under capitalism by providing things people want for the best price. They're rich because they owns shares in valuable businesses that people want to buy the products of.

Some people get rich, on average by merit. And everyone gets the products they want at a low price. Can you imagine if the only cars available were made in the USSR, like Ladas? They were terrible because there was no capitalism, and so no competition. But if you'd rather have abysmal cars but know that no one got rich making them, I guess that's...a choice?

show 1 reply