3 ms·
"markets find new ways to cheat people" This is a fascinating construction. To me, it makes perfect sense (and reality seems to be heavily underscoring this pe
by Applejinx 8y ago
"markets find new ways to cheat people"
This is a fascinating construction. To me, it makes perfect sense (and reality seems to be heavily underscoring this perspective) but I feel it challenges some profound assumptions very commonly held by Western culture, about how the world works.
If markets replace normal transactions with the optimal ways to cheat people, as a natural consequence of what markets are, how can we disrupt that phenomenon and replace markets with something else that selects for other values?
- BugsJustFindMe 8y ago> how can we disrupt that phenomenon Traditionally the answer to "How can we stop people from getting cheated?" is to introduce consumer protection regulations and actively punish the cheaters.