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Article discusses inequality, not quality and prices. In a free market, quality and prices will (eventually) optimize for what the market can sustain. What the
by rubidium 10y ago
Article discusses inequality, not quality and prices.
In a free market, quality and prices will (eventually) optimize for what the market can sustain. What the market can sustain may be _very_ unequal for the rich and poor in the market.
- djschnei 10y agoKind of an interesting problem, no? It's a question between what things we want to economize and the things we don't want to economize. In the long run, however, I fail to see how we really have a choice. Since "public" services are tied to some pretty basic realities; they still rely on human labor and they still rely on finite resources. So the real question is - do we want to realize the inherent inequality of existence now or push the ball down the road and assume (usually on behalf of future generations) the inherent inefficiencies of public work? For me, I find it troublesome to take out credit cards in my children's names and hope for the best... I'd rather accept the realities of resource allocation now and maximize the system's efficiency. And sure, that might expose us to inequalities; I, for one, am super psyched for a post-scarcity economy :)