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NotPhil  ·  4345 days ago  ·  link  ·    ·  parent  ·  post: Thoughts on Capitalism

    Unless the critics of capitalism propose a viable realistic alternative that does not contain equivalent or even worse problems, I dont think they have much of a point.

Well, I think understanding a problem is distinct from solving a problem. You have to do the first before you can begin doing the second. And critics are trying to do the first, first.

However, there are many non-market economic systems which have been used in the past, all of which seem to have worked quite well. I think we could learn from them:

- Substantivist Economic Theory - Reciprocitic Economies - Gift Economies - The Potlatch - The Vertical Archipelago - Syndicalism

And that's just from a quick browse though Wikipedia. Cultural anthropologists and historians could probably describe many more non-market systems, any of which could have lessons for us.