this post was submitted on 11 Nov 2023
1258 points (82.8% liked)

Memes

45643 readers
1364 users here now

Rules:

  1. Be civil and nice.
  2. Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] darq@kbin.social 0 points 1 year ago

You still have the problem of misaligned incentives

Not really sure what you mean by that. Socialism leads to better alignment of incentives. If everyone is benefitting from the system, contributions to the system are incentivised.

That is the opposite of capitalism, where the individual tries to gain any advantage they can, even at the expense of everyone else. And broad advances and contributions of work benefit very few people, by design. That leads to lower trust, which further entrenches the idea that the individual has to look out for themselves, and is thus incentivised to game to system.

together with the fact that the only way to mitigate it is through coercion

I reject that premise.