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Most people who advocate "market solutions" always assume perfectly rational actors, and forget that they're basically making it so only the rich can do whateve
by st3v3r 10y ago
Most people who advocate "market solutions" always assume perfectly rational actors, and forget that they're basically making it so only the rich can do whatever it is they're advocating for.
- ThrustVectoring 10y agoThe counter-party then has the money, though, which they can then exchange for doing what they want. Like, I'm fine if a rich person decides to use their money to decide how water gets allocated, as long as they spend enough money on it that it ends up paying for better alternatives for those affected by the changes. Even to the point where I'm unable to get drinking water in my home - they'd have to pay for me to take time off work indefinitely and stay somewhere really nice, sure, but I'd be okay with that.