| </span><blockquote><span class="smallfont">Quote:</span><hr size="1" />Originally Posted by (Geoff332,)
The main argument for capitalism is that if everyone acts in accordance to their own self-interest, within the bounds of justice, then this will produce a pareto optimal position, which will optimise both wealth and the distribution of that wealth.
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Isn't that just the Communist perspective on capitalism? Its something that used to be echoed in China during the 60s.
Capitalism isn't argued on the basis of self-interest (only rarely). You'll find most pro-capitalist sites state their vision for capitalism as one of freedom with minimal controls. Only the pro-Marx or pro-anarchy sites attack capitalism as a selfish philosphy.
Ideological loyalty is the act of giving your soul to a vague concept, to be manipulated by people smarter than you. |