Comment by lbrito
2 months ago
Peak, peak HN.
"I am rich and yet find it to be unfulfilling and not the ultimate goal of human existence"
and yet,
"I am a big fan of capitalism" and repeat wholesale its most puerile, naive ideological propaganda mantras (see his about page) which are meant to justify _exactly_ that.
Bud, seems like you have some more thinking to do if you think those two positions are perfectly congruent.
The company got nearly 2B of dollars in investment, was acquired for half the price, and the founders somehow managed to make a profit. No wonder he's a fan. Which other system would allocate resources so effectively?
Given that this forum is the news/blog discussion forum attached to a startup accelerator and VC fund, what I find pleasantly remarkable — and I mean this sincerely — is how open people here are to the idea that capitalism might possibly not be perfect.
If I had not seen this forum for myself, and only read about it second-hand, I would have assumed that most here would indeed think they are "perfectly congruent" (which itself is a much starker position than simply "being a fan").
'Capitalism' is a broad umbrella - the G20 countries are capitalist to varying degrees with a variety of emphasis and regulation.
'American Capitalism' isn't a peak form for delivering life expectancy, broad health outcomes, general happiness, and other measures on global indexes.
> how open people here are to the idea that capitalism might possibly not be perfect.
is this something very unique? I think it is popular sentiment that capitalists corrupt society in many ways.
I am a fan of capitalism because, as a former poor person, I think it's the best system for poor people. Not because I think it will eliminate the existential woes of the affluent.
I'm far from rich, but my life is good and I love capitalism. So, I'm feeling pretty congruent.