Sunday, November 15, 2015

(True)If, B is false then A and only A is False. If B is false, Capitalism is Bad. If B is false, Capitalism is Bad.If B is false, Capitalism is Bad.If B is false, Capitalism is Bad.If B is false, Capitalism is Bad.

  The fact that people are tending to turn against capitalism is a bit comical in my opinion. No, it's out right false. Let me put it this way, 70% of Americans believe that phones are detrimental to our well being but roughly 85% of Americans still maintain a cell phone. If people always stood by what they said they believed, then logically their use should be less than or roughly equal to 70%. One possibly explanation to this phenomenon though could feasibly be related to media in which I call the Facebook Phenomenon. I base this on the assumption, no the truth, that people are constantly being bombarded with information about things. This allows for large amounts of information. The quality of this information is a different matter altogether. So, in order to actually assess the validity of this claim I would want to look at two things: how well informed about the economic well being Americans actually are, and compare that to the rates of consumption to see if the actions back up the words.

“A reliable way to make people believe in falsehoods is frequent repetition, because familiarity is not easily distinguished from truth. Authoritarian institutions and marketers have always known this fact.” -Daniel Kahnman. 

 I theorize that people are using their emotional cognition to look at capitalism more often than rationalism. Why? Because it's easy. What I'm curious to see now is to what degree do people actually believe what they say.

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