Message from @Quarantine_Zone

Discord ID: 546778260248330253


2019-02-17 19:35:29 UTC  

@Deleted User over here now

2019-02-17 19:35:36 UTC  

Yeah, I think you are

2019-02-17 19:35:43 UTC  

Surplus in economics doesn't refer to money

2019-02-17 19:35:59 UTC  

It refers to additional utility

2019-02-17 19:36:07 UTC  

And utility is the economics term for welfare

2019-02-17 19:36:31 UTC  

Capitalism tends to be good at this **if** we make some assumptions

2019-02-17 19:36:50 UTC  

Or rather **iff**

2019-02-17 19:37:22 UTC  

Meaning "if and only if" if your familiar with mathematic proofs

2019-02-17 19:37:56 UTC  

The assumptions are big though and don't work with Western Christian assumptions of original sin

2019-02-17 19:38:35 UTC  

The biggest assumption is that people make choices that are to their greatest own benefit

2019-02-17 19:38:46 UTC  

To use a concrete example then, consumer products. An efficient system brings down costs for consumers and makes TVs cheaper for instance. Is this your economic definition of increased surplus and utility?

2019-02-17 19:39:12 UTC  

That is one example, but far from a definition

2019-02-17 19:39:43 UTC  

It's more of a model for general decisions

2019-02-17 19:39:52 UTC  

It doesn't only apply to direct purchases

2019-02-17 19:40:07 UTC  

You can apply it to any decision really

2019-02-17 19:40:19 UTC  

So this assumes then that free markets are moral forces that drive down prices generally, both domestically and internationally?

2019-02-17 19:40:29 UTC  

No

2019-02-17 19:40:42 UTC  

It assumes that people make the best decisions for themselves

2019-02-17 19:40:47 UTC  

Which is absolutely false due to human depravity.

2019-02-17 19:40:53 UTC  

I am missing the point then. I am thinking about this like Tucker Carlson.

2019-02-17 19:41:35 UTC  

Capitalist could drive costs up at times actually

2019-02-17 19:41:43 UTC  

But that could be more efficient at times too

2019-02-17 19:41:48 UTC  

Free markets lead to improved standard of living, but all things considered they actually destroy communities and make life more miserable

2019-02-17 19:42:02 UTC  

Material gain, spiritual and collective loss

2019-02-17 19:42:02 UTC  

That isn't really true though

2019-02-17 19:42:14 UTC  

Look at any third world country

2019-02-17 19:42:22 UTC  

Look at Chile as prime example

2019-02-17 19:43:06 UTC  

When capitalism is implemented, people stop starving to death, crime rates fall, governments stabilize, etc.

2019-02-17 19:43:19 UTC  

When Walmart buys out all the local stores, the community suffers a blow to the organic commercial collective and it's identity.

2019-02-17 19:43:40 UTC  

That's an example of corporationism though. Not capitalism

2019-02-17 19:43:52 UTC  

Ok I see where you're coming from

2019-02-17 19:44:05 UTC  

This is why I don't like arguing about this outside of actual economics schools -__-

2019-02-17 19:44:19 UTC  

People attribute all sorts of stuff to various economic systems

2019-02-17 19:44:24 UTC  

Usually falsely

2019-02-17 19:44:49 UTC  

Like any complex topic, it's hard to settle on definitions and ends up derailing the whole discussion. It's the same reason I can't argue political theory with most people.

2019-02-17 19:45:19 UTC  

I'd have to look at Walmart specifically, but most examples of massive corporations taking over are a direct result of government intervention

2019-02-17 19:46:15 UTC  

Examples include energy companies, phone, ISPs, cable companies, satellite, TV networks, Radio networks

2019-02-17 19:47:27 UTC  

I think in principle capitalism works well. All theories must applied to reality though. In practice, even the best instances of capitalism become very corrupt and problematic. Fascism and Corporatism were purposely developed to offer a pragmatic solution to the ills of systems developed by intellectuals with no heed for the common man and his experience. That's really the crux of it. I love capitalism and the freedom it affords in theory, but no capitalistic system, whether it's run well or not, has resulted in anything but a spiritually drained people with lots of cheap plastic stuff to comfort them.

2019-02-17 19:47:29 UTC  

I could go into more examples from earlier in the 1920s too, but those are the big ones today. Disney, MSM news, Verizon, AT&T, etc.

2019-02-17 19:48:01 UTC  

I think your misattributing the blame though

2019-02-17 19:48:11 UTC  

Why do you blame the economic system for those things?