capitalism
Out of context: Reply #49
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- TheBlueOne0
It's not a meritocracy if left unregulated. Then it simply becomes an oligarchic, monopolistic system.
As for the "common good" all these free market capitalist seem to easily forget the value of a solid and safe transportation system, fire fighters, police, et al. They say "fuck why should I pay taxes for that!!" Hmmm. In that case you can go to Africa or Iraq for example where they don't provide safe roads and then when your uber-efficient meritocracy has to ship stuff, well either it never arrives or get hijacked and then you have to pay a ransom to pirates and freebooters to get i through. And well there goes your profit. Extrapolate out to all other issues that could be considered "common good"..but you'd probably be more comfortable in the 14th century..you know provided you're a rich nobleman and don't have to deal with the peasants.