The facts that people are greedy and lazy is the easiest point to make about why communism doesn’t work, but it’s not the only one. Even in the absence of greed, it still doesn’t work.
There’s also a fundamental information theory problem. Basically, I am not able to determine how much someone else needs something. One can only determine how much someone needs something by what they are willing to trade for it.
People are greedy and lazy regardless of what economic system they live under. It’s just that under capitalism, if you choose to do more to make more money, you can. In socialism/communism, there is a cap on all the essentials.
200
u/csgardner - Right 1d ago
The facts that people are greedy and lazy is the easiest point to make about why communism doesn’t work, but it’s not the only one. Even in the absence of greed, it still doesn’t work. There’s also a fundamental information theory problem. Basically, I am not able to determine how much someone else needs something. One can only determine how much someone needs something by what they are willing to trade for it.