this post was submitted on 04 Aug 2023
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completely agree. the market system is just not the best model for resource allocation. we need a more socialised way of allocating resources. the first thing to do is to throw the billionaires into jail and seize their assets.
Some of this and maybe a lot of this is a reflection of ourselves. By this I mean the values we collectively espouse and that come to be represented in media, politics, education including what is learned in business schools, etc. When nothing is enough and competition and winner take all view points are highly valued, well this is what we get.
Reason I say this is that it strikes me that perhaps this is a lot more about ourselves than anyone wants to admit.
This culture/philosophy has been created over time and is called liberalism, it follows follows from the reformation (of the church) and feeds off support from capitalists(and political allies) themselves. This culture that upholds hard work as virtuous and discourages compassion is being taught to almost everyone even though it doesn't mesh with the real world all that well. Especially what is commonly believed to be the result of hard work is more often than not inheritance or sheer luck.
Yes we all propagate this culture nowadays, but it isn't actually part of humanity(in some human nature way) it's just very ingrained propaganda.Some mainland Chinese people might have a very different ingrained culture regarding these things.