The electronics part might more showcase what we actually value as a society. In the case of things that need chips it also demonstrates how we are unable to pl

The electronics part might more showcase what we actually value as a society. In the case of things that need chips it also demonstrates how we are unable to plan. Car makers cancelled their chip orders when the pandemic hit. They have lots of skin in the game and know their own industry better than any politician would. Why would politicians get planning chip production better than they did? The water example is pretty bad, given that we don't charge the actual price of water to subsidize businesses. If we'd charge the real price (and ideally tax negative externalities) much farming would likely leave California.