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you have to evaluate this position in the context of comparing it to the alternatives. Do you propose government regulating every moderately complex activity b
by vasilipupkin 8y ago
you have to evaluate this position in the context of comparing it to the alternatives. Do you propose government regulating every moderately complex activity because people can't understand it? First of all, people are smarter than you give them credit for and secondly, Soviet Union tried this. It just doesn't work.
- intended 8y agoThe Soviet Union didn’t live in the modern era - and the country which is comparable today is China - and they’re doing very well. I’ve heard many credible claims that the Chinese state will fail, but it hasn’t till date. So that point may need to be re-thought.
- vasilipupkin 8y agoDoing what very well? You are making too handwavy of a statement. they are regulating some things they care about very heavily and others not at all. And very well is all relative. China is a poor country still, comparing it to US is not reasonable at this stage