encoded notions

[note: I have never taken a formal economics class. This is just my rationalization of what little I know on the subject. Feel free to correct me in the comments.]

Communism only works when you consider everybody plays correctly. Capitalism works if you assume people play like real people—which is usually a safer assumption to make.

Capitalism encourages greed. It’s the fuel that feeds the fire. Greed is universal. Everyone understands it and that’s why it’s important.

The difficulty in creating an economic structure is that the basics have to come naturally to the majority of the stupid populace who just wants to get drunk, watch tv/sports, have sex, and go to bed; the flip side is that it still has to make enough rational sense that the smarter people don’t think it’s just a stupid idea. Everyone has to play by the same rules, so the rules have to be simple and universal, and that’s where problems start cropping up.

In communism, the basic rule is everybody’s equal except that what ‘equal’ means isn’t explicitly defined. This is how the phrase “some are more equal than others” can coined in reference to real instances of communistic economies. In contrast, capitalism’s basic rule is may the best man win except that ‘best’ isn’t defined either. This is how you can explain that Donald Trump and Bill Gates can have so much money.