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For me "The market will fix itself" is just a neoliberal lie, no amount of repeating it will make it true. <edit>Sadly many people believe people who speak with
by scns 5y ago
For me "The market will fix itself" is just a neoliberal lie, no amount of repeating it will make it true. <edit>Sadly many people believe people who speak with conviction. A family member shared similar crap (oh noes, i will have to pay more for gas) in a private group</edit>
History has shown over and over that left to their own devices people will act in their own self interest. And from a biological point of view it would even be the correct thing to do IMHO. But we ain't running hungry through the wilderness no more. A win-win would be better for everyone.
I think inequality creates fear. Even in those who profit, the fear of loosing their wealth. There was a case of a town in the US, were the population was pretty homogenous, their culture forbade the flaunting of wealth, so everybody acted humble and even dressed the same. Then the younger generation went to college out of town, came back with a differnt mindset. Pools were built, cars bought, inequality made obvious for everyone to see. What happenend? Cases of heart disease were low before, but rose afterwards. Found a link: https://www.unimedliving.com/living-medicine/illness-and-disease/the-roseto-effect-a-lesson-on-the-true-cause-of-heart-disease.html https://www.unimedliving.com/living-medicine/illness-and-dis...
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- germandiago 5y agoit is not my position. Nothing to do with neoliberalism the fact that regulating also has evil incentives. We live in a regulated world where many corporations have de-facto privilege because of overregulation yet people ask for more regulation. It is as if I am a soldier and hit you and you ask for an army to feel safer on the basis that "soldiers should be good in theory, they are here to protect us"and u see it again and again and ignore the facts.
- scns 5y agoSorry if i gave you the impression i accuse you of that. That was not my intention. Well, even if regulation has loopholes for bad actors, is it better to live in a world without it?
- germandiago 5y agoa world with fewer regulations makes way more difficult monopolies and privileges through more free competition. The problem is when someone pretends to be capitalist and regulates for friends (crony capitalism). What if they did not have the power to do it? Then it would be clearly better. Our world reached development in an environment with very little regulation. Now they are trying to regulate everything. Later we need welfare blabla and lots of stuff. Some people pay and others take it. Bc u have all kind of rules. Derregulating means let people do. If people can earn a life without this creators of scarcity I am prerty sure that we would need far fewer social helps and would have cheaper services. This uswd to be the trend. We are breaking it... Bad news. This is not what we want? I want that.
- ttty2 5y agoIt will fix when nobody will make apps for apple...