The debates.
This is where the site earns its promise. Every critique gets steelmanned, not strawmanned, and so does every response to it. Each debate below is argued at its strongest on both sides.
TODO-CONTENT
The debate arguments are a dedicated future content session. The section headings and framing are in place; the steelmanned content is intentionally not improvised here.
Markets and externalities
Does the pure model's blind spot for unpriced costs, pollution being the classic case, require the leftward bands, or can markets price externalities themselves?
TODO-CONTENT
The steelmanned argument for each side is written in a dedicated future content session. The steelman standard is too important to improvise, so this section ships as a marked shell rather than with placeholder argument.
Cronyism and separability
Both sides call cronyism bad. The debate is whether it is separable from capitalism in practice, or where capitalism inevitably ends up.
TODO-CONTENT
The steelmanned argument for each side is written in a dedicated future content session. The steelman standard is too important to improvise, so this section ships as a marked shell rather than with placeholder argument.
The attribution debate on poverty
The fall in extreme poverty is established fact. How much credit capitalism specifically deserves, against trade, technology, public health, and state action, is not.
TODO-CONTENT
The steelmanned argument for each side is written in a dedicated future content session. The steelman standard is too important to improvise, so this section ships as a marked shell rather than with placeholder argument.
State capitalism and misallocation
Does political control of capital allocation eventually misallocate on a grand scale, or is China's four-decade run the largest counterexample ever run?
TODO-CONTENT
The steelmanned argument for each side is written in a dedicated future content session. The steelman standard is too important to improvise, so this section ships as a marked shell rather than with placeholder argument.