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Yes, thank you for saying so. People rarely understand that the coordination solution is one of the most important powers the government offers over privatizat
by ggggtez 5y ago
Yes, thank you for saying so.
People rarely understand that the coordination solution is one of the most important powers the government offers over privatization.
They can tax/penalize undesired behavior. Individual companies may end up worse off, but as a whole the business community is better off with the rules in place.
This is why governments have to tackle pollution and climate change too. Companies are profit-motivated, and will only respond to what the economics demand. When governments start imposing demands with penalties attached, that's when companies actually start changing behaviors.