Talk of The Villages Florida - View Single Post - Some thoughts on growth, development, and "Too big"
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Old 03-14-2023, 04:49 PM
jimjamuser jimjamuser is offline
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Quote:
Originally Posted by spinner1001 View Post
This is a straw man fallacy.
Straw Man Fallacy | Excelsior Online Writing Lab

Please stop. No one said the developer is doing things for only altruistic reasons, which is what you imply. That’s just silly.

The profit motive of capitalism does come with altruistic benefits. It has brought much of the world out of extreme poverty. Is it perfect? No, it has blemishes certainly. But other systems have performed worse.

It’s a time to celebrate. We live in the most prosperous and healthiest time in human history.




Nonsense. This is a similar argument that capitalism is not sustainable and will kill the planet. The argument is often made by anti-capitalists with socialist leanings. Again, capitalism has blemishes but things are very unlikely to collapse.

For those who want to learn more about whether capitalism is sustainable, here is a (long) lecture from a Duke University professor.
https://youtu.be/6dVSOIiO_U8

(I suspect that cherry picked counter examples are about to come.)
I am disagreeing with the line about our living in the most prosperous time in history. That would depend on what point on the income spectrum you exist at. If you are one of the upper 1% of US society then maybe YES. But if you are in the vanishing US middle class - then NO.
.........To prove that, people were asked if they thought that their generation was better off than their PREVIOUS generation. After 1970 the answer was most often ......a resounding .....NO !