Profit maximization is a 'clean', strong forcing idea, i.e. one that allows for the abstraction from local context. It binds human actions together in a social structure that proves very hard to disentangle. Communal welfare cannot abstract from life in this way. The internal motivation hinges on local outcomes and thus erodes, leading either to societal collapse or suppression, which represent more primitive forcing ideas, namely following orders and immediate survival.
The your Work should be your Passion Trap
Almost every day, I read or listen to interviews with people who proudly proclaim that they have found the profitability in their passion. They no longer have to 'work' and have banned all tedium from their lives. Their message is, unequivocally, that we should aspire to do the same. If we just stick with our ...