4 ms·
It may be a unpopular opinion, but I think the issue with free-market capitalism is that it is a almost-perfect optimization engine which converge to the cheape
by SuchAnonMuchWow 6y ago
It may be a unpopular opinion, but I think the issue with free-market capitalism is that it is a almost-perfect optimization engine which converge to the cheapest solution that is still barely acceptable.
That why it is harder and harder to find good quality product, and that's why low-occurrence incidents are less and less provisioned for.
- junitguy 6y agoThis is exactly where I think the debate around "socialism" needs to go. The key issue is reliability. I don't mind private healthcare or electrical grids. I appreciate the power of free markets. What I do mind is being stranded without power in freezing temperatures or a surprise bankruptcy due to a medical issue. That shit is ridiculous in a modern society.
- hahahahe 6y agoFree-market capitalism almost always leads to monopolies. That’s the whole game. Not really competitive is it?