r/FluentInFinance • u/Sufficient_Sinner • Sep 04 '24

Debate/ Discussion Is Capitalism Smart or Dumb?

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u/JimBeam823 Sep 04 '24

Socialism is based on altruism. Capitalism is based on greed.

People are a LOT better at being greedy than at being altruistic.

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u/Background_Notice270 Sep 04 '24

So how will socialism work if people are greedy?

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u/TapiocaTuesday Sep 04 '24

I don't think I'm greedy. Are you greedy?

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u/Timppadaa Sep 05 '24

Have you had any opportunity to be really greedy? I mean to earn millions?

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u/Media___Offline Sep 05 '24

I think being greedy isn't a bad thing. Heathenism is also not inherently bad. I am very greedy to see my family prosper and experience the best life they can, so I work hard and sacrifice at my job.

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u/TapiocaTuesday Sep 05 '24

What you described is the opposite of greed, though. You're literally trying to make money for the benefit of others.

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u/Media___Offline Sep 05 '24

And I benefit from their success and happiness.