Re:Economists who defend disaster profiteers are wrong
by CryptoPunk on Tuesday April 14, 2020 @02:47AM
(#22863331)
Yes, agreed on the different intuitions on the source of wealth.
The fact that market economies so vastly outperform non-market ones is a pretty clear indication that wealth-generation in market economies generally has positive economic externalities, and as such is socially beneficial on the balance.
The fact that market economies so vastly outperform non-market ones is a pretty clear indication that wealth-generation in market economies generally has positive economic externalities, and as such is socially beneficial on the balance.