3 ms·
(Without getting into the discussion of who is an LBIP or not) > Where there’s no profit stream, markets are not going to directly solve this problem. The mar
by icebraining 7y ago
(Without getting into the discussion of who is an LBIP or not)
> Where there’s no profit stream, markets are not going to directly solve this problem.
The market is a process of matching suppliers with consumers, and contrary to the previous statement, it has solved the problem, by finding a very cheap supplier: you.
LBIP are admirable selfless people, but I think this attitude is as misguided as a parent doing their kid's homework for them. The rest of us won't care to find a better solution until we start feeling the pressure, and we won't feel it while the load is being born by them. And the author is essentially asking regular individuals to throw a few tips to the LBIPs, so that the current broken model can be maintained. I'm not sure we wouldn't be better off letting it fail.