sjolsen & @sjolsen@tech.lgbt
Kspacewalk2 13 minutes ago | prev | next [-] fwo economists are walking in a forest when they come across a pile of shit. The first economist says to the other “I’ll pay you $100 to eat that pile of shit.” The second economist takes the $100 and eats the pile of shit. They continue walking until they come across a second pile of shit. The second economist turns to the first and says “Ill pay you $100 to eat that pile of shit.” The first economist takes the $100 and eats a pile of shit. Walking a little more, the first economist looks at the second and says, “You know, I gave you $100 to eat shit, then you gave me back the same $100 to eat shit. I can’t help but feel like we both just ate shit for nothing.” “That’s not true”, responded the second economist. “We increased the GDP by $200!” 16 Sept 2023, 20:45 530 17
The whole assuming humans to be rational part is what messes up the calculation.
The core of capitalist economics relies on two things: perfect knowledge and rational people. I believe capitalism can work in so far as we have those two things.
So you’re saying capitalism will literally never work? Based.
Sort of like a for-profit healthcare system will work if it relies on two things: everyone can afford insurance and everyone is very healthy.
So long as we never have to use this time machine, it works perfectly!
So only in our dreams. Got it
Well, it turns out they’re nightmares at the moment, but yes, basically.