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I disagree, I think the free market will take care of this on its own.
by fourseventy 5y ago
I disagree, I think the free market will take care of this on its own.
- selfhoster11 5y ago"Free market" is why our planet is dying, so no, I don't think so. Some regulation is needed.
- netizen-936824 5y agoJust like it took care of adding plastics and PFAS to the ocean, yea? Sometimes regulation is needed
- sircastor 5y agoIn theory, if this was considered a big enough problem, yes - the market would resolve this. And by "big enough problem" we have to remember that market-driven economies respond to market demand forces. Plastic in the ocean is definitely a huge problem, but it's not a market problem - not yet. When consumers are willing to pay to get plastics out of the ocean, hundreds of companies will appear eager to solve the problem. There's a comment above (@pdpi: "At what timescale?") that identifies the issue at hand. In this case (and in a lot of cases) we need regulation because market demand to solve this isn't fast enough (or may never exist)
- netizen-936824 5y agoSo when does it become a market problem? Before or after we lose biodiversity on the planet?
- pdpi 5y agoAt what timescale? How many more years of recurring "got randomly blocked from the App Store/Play Store/Facebook Ads/whatever other mission-critical service" posts on Hacker News do we need before the market corrects itself?
- wolverine876 5y ago> I think the free market will take care of this on its own. How, if there is no competition?
- LocalH 5y agoThe "free market" is a sham