I’d argue not really designed at all. Capitalism occurred rather organically. The incentive structure underlying it is emergent. It was more successful at self reinforcement than all other models. The problem is that there hasn’t been a ton design to tweak the system to align it to societal goals. This means the self reinforcement continues whether it makes the world better or not. You need design to mold the self perpetuating system into having an incentive structure that aligns with societal goals.
The current state is due to lack of design, not based on design.
Exactly. It isn’t Intelligent Design, it’s Natural Selection. By which I mean there’s no grand plan, it’s just a vicious, bloody system.
Speaking as someone with a PhD in Biology, nature usually sucks. There’s horrifying parasites, predators that will eat you while you’re still alive, and even herbivores can eat themselves into extirpation if not outright extinction.
The metaphor breaks down because there’s a lot of beauty in nature, and I think we need to protect it, but it’s not something we should try to emulate at a societal level. Natural selection doesn’t think ahead, it just happens, and most living things suffer out in the natural world. Most of us are smart enough to do better, I hope.
I’d argue not really designed at all. Capitalism occurred rather organically. The incentive structure underlying it is emergent. It was more successful at self reinforcement than all other models. The problem is that there hasn’t been a ton design to tweak the system to align it to societal goals. This means the self reinforcement continues whether it makes the world better or not. You need design to mold the self perpetuating system into having an incentive structure that aligns with societal goals.
The current state is due to lack of design, not based on design.
Exactly. It isn’t Intelligent Design, it’s Natural Selection. By which I mean there’s no grand plan, it’s just a vicious, bloody system.
Speaking as someone with a PhD in Biology, nature usually sucks. There’s horrifying parasites, predators that will eat you while you’re still alive, and even herbivores can eat themselves into extirpation if not outright extinction.
The metaphor breaks down because there’s a lot of beauty in nature, and I think we need to protect it, but it’s not something we should try to emulate at a societal level. Natural selection doesn’t think ahead, it just happens, and most living things suffer out in the natural world. Most of us are smart enough to do better, I hope.