Hi all,
I’m seeing a lot of hate for capitalism here, and I’m wondering why that is and what the rationale behind it is. I’m pretty pro-capitalism myself, so I want to see the logic on the other side of the fence.
If this isn’t the right forum for a political/economic discussion-- I’m happy to take this somewhere else.
Cheers!
Even if a process is efficient, which in this case it isn’t (overproduction is terrible for efficiency), that’s not the only thing to consider, the moral aspect is important too. Off the top of my head, in this example, there’s the inhumane treatment of the cows, the workers get paid inadequately for what they produce, and the dumped excess produce probably affects the ecosystem.