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The community problem--of how the "rest" of the people get their food/shelter/transportation--is not solved via markets. "Most" isn't good enough. "Most" of t
by saulpw 5y ago
The community problem--of how the "rest" of the people get their food/shelter/transportation--is not solved via markets. "Most" isn't good enough. "Most" of the sidewalks in SF don't have feces on them. So with the free market approach, you could already say there isn't actually a problem.
Free markets have a great time servicing 80% of the people with 20% of the resources and then pocketing the rest of the resources as profit. Community solutions need to be able to service 100% of the community. It's like the "last mile" problem of economics. "Sorry, it's not profitable for the police to protect your neighborhood" is unacceptable.