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> The unexamined assumption in this statement is that giant multinational megacorporations are good and we should encourage them. There is no unexamined assump
by darawk 8y ago
> The unexamined assumption in this statement is that giant multinational megacorporations are good and we should encourage them.
There is no unexamined assumption. Swap in whatever you want.
> I reject the assumption in your last paragraph that individuals making their own self-interested choices always maximizes positive outcomes for society at large: https://en.wikipedia.org/wiki/Tyranny_of_small_decisions https://en.wikipedia.org/wiki/Tyranny_of_small_decisions
I don't disagree. But the default assumption always ought to be that it indeed does maximize utility, because it usually does, or approximately does. If you want to make the case that there's some better pareto-optimal equilibrium that Google and Amazon are disrupting, i'm more than happy to listen, but I think you're going to find that case a lot harder to make than you think.