"You've just reinvented "enlightened self-interest" under the 1 millionth new name! Click here to claim your prize."
I also wish they'd get their economics straight. Exploitation is not "capitalist". Exploitation tends to occur even more in non-capitalist economies. In fact, exploitation of others is directly contrary to Smithian capitalism and free markets, which depend on purely voluntary exchanges. Exploitation is rather the opposite of "voluntary".
You can exploit the hell out of people with their "consent" when they're left with no other options(see modern human trafficking for details), or when you're compelling them in ways that don't happen to be illegal. The pragmatic reality of starvation tends to intrude on Smiths perfect hyper-rational world, and the only laissez faire answer to that is social darwinism. I don't disagree with your implied premise that other systems such as fuedalism, Stalinism, or slavery exploited people in far worse ways
Congratulations. (Score:5, Funny)
You've just reinvented "enlightened self-interest" under the 1 millionth new name! Click here to claim your prize.
Re: (Score:2)
"You've just reinvented "enlightened self-interest" under the 1 millionth new name! Click here to claim your prize."
I also wish they'd get their economics straight. Exploitation is not "capitalist". Exploitation tends to occur even more in non-capitalist economies. In fact, exploitation of others is directly contrary to Smithian capitalism and free markets, which depend on purely voluntary exchanges. Exploitation is rather the opposite of "voluntary".
Re: (Score:5, Insightful)
You can exploit the hell out of people with their "consent" when they're left with no other options(see modern human trafficking for details), or when you're compelling them in ways that don't happen to be illegal. The pragmatic reality of starvation tends to intrude on Smiths perfect hyper-rational world, and the only laissez faire answer to that is social darwinism. I don't disagree with your implied premise that other systems such as fuedalism, Stalinism, or slavery exploited people in far worse ways
Re:Congratulations. (Score:3)
Maybe exploitation isn't a strictly either-or concept.