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Re:When I Was Your Age by coldtea on Friday March 04, 2016 @11:27AM (#11224811)
Economy is not some abstract deity (believers in the "free market" like to imagine it as some kind of self-regulating mechanism that ends up in the best possible way, when it facts it's just a sum of human activity, that doesn't even play by the naive economist assumptions of people following their self-interest half of the time and that can end and does end up in all kinds of shit).

Economy is something people (not just the state, everybody) can decide upon how they want it and build it.

It's just that currently only the big players make those decisions with their law purchasing power -- instead of the people at large with representative laws.

So, "having enough jobs for everybody" could be such a decision people could make, and work towards it.

Re:When I Was Your Age by Juliate on Friday March 04, 2016 @11:54AM (#11225000)
It's just that, indeed.

Big players, that, when overrun by the people or serious shakes (French Revolution, WWI, WWII, Russian Revolution), just let some room for the people to reorganize things a bit better (and they did) and then, new big players step in.

What's going to be interesting is that now, the "big players" are not going to be states only. There are companies too (as in, groups of people organizing themselves; but also as in, groups of people whose actions is hugely driven by a small number of owners). There's something brewing.

Re:When I Was Your Age by Terr_ on Friday March 04, 2016 @07:15PM (#11227741)
Right, I like to say that capitalism is really just a distributed algorithm, for solving interrelated questions about how to allocate your resources.

Like any algorithm, you risk Garbage-in-Garbage-out. It's the role of society (and government) to put the right framework in place. (For example, ensuring that it is not profitable to assassinate rival CEOs.)