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/biz/ - Business & Finance

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>> No.11467345 [View]
File: 42 KB, 380x62, food insecure.jpg [View same] [iqdb] [saucenao] [google]
11467345

>Guys, capitalism is the correct economic system.
>The purpose of an economic system is to allocate labor and resources in the manner which generates the greatest amount of human happiness and wellbeing.
>The fact is this: those rich men paying $100,000 for champagne showers in Las Vegas right now? Their happiness and wellbeing matters more than the 20 million children going to bed hungry in the wealthiest nation on the planet.
>Yes, if we used that $100,000 to feed those children, it would generate 50 "points" of wellbeing and happiness for all of them, collectively creating thousands of "points" of happiness and wellbeing for the nation, but it's more important that the rich people receive 3 points of happiness instead.

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