logoalt Hacker News

moozoohtoday at 11:40 AM1 replyview on HN

Sadly, market incentives pretty much always go opposite of moral incentives because morals put breaks on decisions that multiply value for the company but the company itself exists for multiplying value. The profit motive is built into the reason for its existence. It's a contradiction that has a lower probability of resolving in favor of morals as the company grows in size and accrued capital. Whichever moral principles the leadership may have had at the beginning, they always erode or get perverted over time simply because the market always has a stronger pull.

I hate that, by the way, but what I hate even more is that this is somehow the most effective way to run economies that we've found so far, and it ends up this way because instead of unsuccessfully trying to safeguard against greed and sociopathy, it weaponizes them outright.


Replies

vladmstoday at 3:33 PM

I find "morals" difficult to evaluate objectively. Some people might find it "moral" that women do not have any education and just stay at home, which I find terrible.

But if most people in a society find something "wrong" generally they will organize to prevent that (even if it has value for a part of the society). I think it is simpler for everybody that economics (how we produce and what) is separated from morals (how we decide what is right and wrong).

show 1 reply