Pope Francis calls unfettered capitalism 'tyranny' and urges rich to share wealth

[Fake Boris]

Inspiration and effort. Imagine a ship wreck survivor. His first wealth would come from building a shelter and starting a fire. More wealth would come from making a fishing pole or net, and more wealth would come from those wealth creating tools when he starts harvesting fish from the sea. The ship wreck survivor is unlikely to engage in philosophy or adopt socialism, because these things do not create wealth.

The shipwreck survivor is more likely to engage in art and philosophy, because there's no incentive for him to accumulate wealth.

[Fake Boris]

Inspiration and effort. Imagine a ship wreck survivor. His first wealth would come from building a shelter and starting a fire. More wealth would come from making a fishing pole or net, and more wealth would come from those wealth creating tools when he starts harvesting fish from the sea. The ship wreck survivor is unlikely to engage in philosophy or adopt socialism, because these things do not create wealth.

The shipwreck survivor is more likely to engage in art and philosophy, because there's no incentive for him to accumulate wealth.

[molly bloom]

The shipwreck survivor is more likely to engage in art and philosophy, because there's no incentive for him to accumulate wealth.

Clearly he's going to lend money to himself at exorbitant rates of interest, while waiting for his artistic or literary skills to develop.

[Felch]

The shipwreck survivor is more likely to engage in art and philosophy, because there's no incentive for him to accumulate wealth.

You think he doesn't want to eat? Food is wealth.

[snrjefe]

A guy who's got lots of art and philosophy is _less_ likely to do art and philosophy than a guy whose art and philosophy supplies are low. Or something like that.

[N35t0r]

You think he doesn't want to eat? Food is wealth.

But then he wouldn't eat, because he'd be destroying wealth

[snrjefe]

Plus he doesn't get to show off his wealth in an act of conspicuous consumption. Bah-dum-cymbal crash.

[Aeson]

You think he doesn't want to eat? Food is wealth.

There is no bid for the food, thus we cannot determine it's value. He shouldn't even waste his time eating it.

[N35t0r]

So, if he decides, on his own, what's the value of the food he manages to acquire, is it communism because he is the government setting prices, or is it capitalism because he's the market setting prices?

[Aeson]

So, if he decides, on his own, what's the value of the food he manages to acquire, is it communism because he is the government setting prices, or is it capitalism because he's the market setting prices?

His life would have been saved by a price fixing, command economy ... better dead than red!