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Comment by tom_mellior

> One of the strengths of capitalism is that it solves the "local knowledge problem" (see https://en.wikipedia.org/wiki/Local_knowledge_problem) by distributing the decision making to the consumers.

I don't follow. People living in non-capitalist systems go shopping as well. What's the difference to capitalism from the point of view of the consumer or the shop?

parent tom_mellior 6 years ago

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