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I've been wondering - what happens if you consider a market as a form of commons that companies need to take care of in the same way (or suffer the same tragedy
by RangerScience 7y ago
I've been wondering - what happens if you consider a market as a form of commons that companies need to take care of in the same way (or suffer the same tragedy)?
The examples that come to mind are telecoms in rural areas (what with all the town stepping in to do it themselves) and healthcare (what with the general sentiment (AFAIK) that the status quo (in the US) isn't working).
- icebraining 7y agoTelecoms in rural areas seems like the opposite problem: nobody wants to exploit that market, due to very high costs. Healthcare in the US, on the other hand, is such a morass of regulations (including patents), subsidization programs and conflicting interests that I can't see it fit any simple model.
- nickik 7y ago> Healthcare in the US, on the other hand, is such a morass of regulations (including patents), subsidization programs and conflicting interests that I can't see it fit any simple model. This is a very good points. Some of these programs are just so huge and so complex, its crazy. We are talking about almost 20% of GDP that is regulated in a incredibly complex ways, has massive amount of government money spent on it as well.