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It's capitalism. If you have a valid complaint, it can be rephrased as a business plan.
by gbacon 9y ago
It's capitalism. If you have a valid complaint, it can be rephrased as a business plan.
- Mathnerd314 9y agoYou're assuming an efficient market, when many deficits of market economics are already well-known. https://en.wikipedia.org/wiki/Market_failure https://en.wikipedia.org/wiki/Market_failure The information economy has fixed some of those, but it would be more surprising if there weren't new types of deficits to take their place.
- gbacon 9y agoThis alleged assumption that in fact I did not make would contradict the principle above. If the market were always and everywhere at every instant of time efficiently allocated, there would be no valid complaints.
- Mathnerd314 9y agoMy point here is that, even if a business plan could be written for every complaint, the business plan produced isn't necessarily viable or actionable, e.g. if there's a monopoly in that particular industry. Usually the word 'plan' implies that there's a reasonable chance of success, hence my disagreement.