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0 pointsShabbosGoy8y ago0 comments

The goal of capitalism is to produce more than one is capable of consuming (i.e. market economy where one produces and sells to multiple people instead of just themselves).

There are various equilibrium states between supply and demand, but utility is infinite. If utility is infinite, then the goal of production is to satisfy an equally infinite debt to maximizing utility.

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5 comments · 2 top-level

Sevii8y ago· 2 in thread

How does capitalism have a goal? That is like claiming evolution has w goal. Don't anthropomorphize it.

coldtea8y ago

Capitalism has a very clear goal: make more money, sell more stuff.

And the culture around capitalism in different countries, gives it even more specific goals (the american dream, the rat race, etc).

>That is like claiming evolution has w goal. Don't anthropomorphize it.

Isn't this statement obviously wrong? Evolution is a process in nature. Capitalism is a human invention. One can't anthropomorphize it, because it's already anthropomorphized by the fact that it's a human endeavor.

nerdponx8y ago

What liar told you that? Capitalism is an emergent system. Nobody designed capitalism.

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nerdponx8y ago· 1 in thread

The goal of capitalism is to produce more than one is capable of consuming

This is the goal of any economic system as far as I can tell. I don't see how ownership of the means of production matters.

If utility is infinite, then the goal of production is to satisfy an equally infinite debt to maximizing utility

Sort of. This is why we have sympathy/empathy, social mores, the rule of law, and finally the threat of Malthusian apocalypse. Each of these, in order of increasing severity, exists as a budget constraint on greed in service of utility maximization. And again, this has nothing to do with capitalism specifically -- it would be true in any economic system. Socialist and communist governments in the 20th century went to great lengths in order to remind us of that.

ShabbosGoyOP8y ago

> Socialist and communist governments in the 20th century went to great lengths in order to remind us of that.

Fundamentally, I think it comes down to power relationships. The market economy is a proxy for power relations. Communist (and fascist) governments removed the market economy and replaced it with authoritarian servitude. God shifts from the Economy to the State.

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