Check into the black books of capitalism ok mate


Their criticisms of capitalism are not novel or interesting and they are, most of all, not true, in the sense that the problems they’re talking about are almost all of them problems inherent to the fallen nature of this world, not inherent to market-based resource allocation.

“There was a free market and people starved to death” is not morally synonymous with “There was communism and people starved to death.”

When people starve to death under a free market structure, it is because all the people who wanted to be farmers, working to produce as much food as they could, still couldn’t produce enough food due to e.g. famines. This is a tragedy.

When people starve to death under a collectivist structure, it is because somebody forced farmers to work inefficiently. This is a crime.

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