3 ms·
I think there’s too much talk about regulation and not enough about market structure. We can find examples of central planned economies that were succesful and
by hn0 8y ago
I think there’s too much talk about regulation and not enough about market structure. We can find examples of central planned economies that were succesful and ones that were abject failures, ditto for laisez-faire. There’s different metrics that are almost never touched upon in these discussions. For example bio-diversity of companies, cross-sector cooperation and integration, logistics networks, culture of knowledge sharing and innovation, geographical clustering, political stability, how the financial layer is constructed and integrated, worker satisfaction, ecological footprint, etc... All those things can be self-organized or directed, but most discussions seem to be ideological boxing matches between the superiority of the method rather than the virtues of the structural makeup they’re supposed to achieve.