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If market forces would make something which is already unsustainable untenable without subsidization, it is the subsidization that is the problem because it ena
by core-questions 7y ago
If market forces would make something which is already unsustainable untenable without subsidization, it is the subsidization that is the problem because it enables the unsustainable behaviour.
In other words: let the cotton farmers get stuck with paying for the water, and the business will simply dry up, and the water will be used for economically sound purposes.
- pstuart 7y agoSure. But since the word "subsidization" is in play, are we now talking about socialism? :-)
- moomin 7y agoThis is the fun thing. If person X thinks the fair price for something is $1, person Y thinks it’s $10, and the government has to set the price, both of them can yell “Socialism” at the other and never actually address anything.
- pstuart 7y agoI'm specifically referring to the Government giving money or forgiving taxes to business in order to help them. That is not "Capitalism".