Does capitalism work?

Posted by Martijn on Wed, Apr 2, 2008

Does capitalism work? I always wonder what would happen if people were not obligated to work. If they were provided with free housing, electricity and food. It would leave them free to do whatever they wanted.

Personally I feel that many people would simply still work. They would probably switch jobs much quicker and would probably be much happier doing it. Would people no longer be nurses, teachers or even street cleaners? Maybe, maybe not. There are plenty of people out there who love to do simple things like sweeping the street.

It would likely lead to more art and culture. People would care less and less about jobs like factory line work being automated.

Perhaps a better world all in all?