On: Why the Phrase 'Late Capitalism' Is Suddenly Every...

[gozur88]

I don't see any realistic alternative. Capitalism creates wealth more efficiently than any other system, and over the long run even the poorest people in a capitalist country will be wealthier than people in countries with command economies.

The problems we're having today result from corruption, which can happen with any system.

[goalieca → gozur88]

What if, and this is a big what if, computer science could solve the efficiency problem of a centralized economy.

[thescribe → goalieca]

It seems to me that would just make the programmer the central planner.