Content pfp
Content
@
0 reply
0 recast
0 reaction

Chainleft pfp
Chainleft
@chainleft
Classic case for capitalism is that it'll usually win in the shortest terms. For example. you privatize education, so less tax burden on citizens. Of course by turning your education into a profit-machine, you're changing the objective function of your system. Over time, your system will optimize for profit instead of the optimizing for better education. Same applies to reducing protections for health, food, family programs, etc. What I'm saying is, starting from the same point, invisible hand cannot compete with planned systems on longer periods.
9 replies
0 recast
13 reactions

Locked In (On Fire) pfp
Locked In (On Fire)
@warezow.eth
Profit comes only if you provide something that people want. That’s why capitalism is beautiful. So the capitalist schools would, in “optimising for profit”, actually optimise in providing a good education (which I assume is what most people want), thereby making them profitable. Otherwise they’d go bankrupt and seize to exist.
2 replies
0 recast
1 reaction

J. Valeska 🦊🎩🫂  pfp
J. Valeska 🦊🎩🫂
@jvaleska.eth
so beatiful.. only rich people could study.. what a beautiful world..
1 reply
0 recast
0 reaction

Locked In (On Fire) pfp
Locked In (On Fire)
@warezow.eth
where did you summon that statement from? how is that your interpretation of what it says? 😂
2 replies
0 recast
0 reaction

J. Valeska 🦊🎩🫂  pfp
J. Valeska 🦊🎩🫂
@jvaleska.eth
don't make laugh
1 reply
0 recast
0 reaction

J. Valeska 🦊🎩🫂  pfp
J. Valeska 🦊🎩🫂
@jvaleska.eth
if schools are for profit and the best ones, providing the best education, are the most profitable following your previous cast.. how poor people could afford a for profit school? how poor people could afford the better schools? how poor people could stop being poor with no education? you have no way to answer to that.. they need money and they don't have it
1 reply
0 recast
0 reaction