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There is no evidence that markets reflect what people want. It's just religiously taken for granted. Even though I shouldn't try to disprove anyhting that hasn
by esailija 7y ago
There is no evidence that markets reflect what people want. It's just religiously taken for granted.
Even though I shouldn't try to disprove anyhting that hasn't been proven in the first place. Think about this:
When anyone purchases anything there will always be a million things they would disapprove about the product (how it's produced, how its workers are treated, how environment friendly it is, how much advertisers lie about it, what the company does with profits, does the company use unfair competition practices, does the company avoid taxes and so on and so on) but purchase it anyway because there is no alternative. The critical error and monumental stupidity is to use this purchase as a signal of approval of everything the consumer actually disapproves of.