I used to feel this way but now I try to walk into things with the thought that the person I’m talking to probably wants a better world and not a worse one and probably also they don’t have any idea of the academic meaning of any of econ lingo. Most people who say “capitalism” mean something like “Perverse Incentives” or “Rent Seeking” o…
I used to feel this way but now I try to walk into things with the thought that the person I’m talking to probably wants a better world and not a worse one and probably also they don’t have any idea of the academic meaning of any of econ lingo. Most people who say “capitalism” mean something like “Perverse Incentives” or “Rent Seeking” or “Monopolistic practices” or what have you. Just because we know what those words, precisely, mean doesn’t mean the other person is using them that way. None of these systems are gods and they were all put in place by us, for us, so I try to help people who talk this way give their best argument and then its usually something pretty reasonable.
I used to feel this way but now I try to walk into things with the thought that the person I’m talking to probably wants a better world and not a worse one and probably also they don’t have any idea of the academic meaning of any of econ lingo. Most people who say “capitalism” mean something like “Perverse Incentives” or “Rent Seeking” or “Monopolistic practices” or what have you. Just because we know what those words, precisely, mean doesn’t mean the other person is using them that way. None of these systems are gods and they were all put in place by us, for us, so I try to help people who talk this way give their best argument and then its usually something pretty reasonable.