4 ms·
Broken incentives? What about Boeing with their 737 MAX? That is a prime example of broken incentives costing human lives. What about stock trading causing fami
by pixelfarmer 4y ago
Broken incentives? What about Boeing with their 737 MAX? That is a prime example of broken incentives costing human lives. What about stock trading causing famines? Our current way of doing "economy" is massively broken and affects everything.
- deleted 4y ago[deleted]
- orcanwe 4y agoWho said anything about people being infallible? Amusing to nitpick market failures when planned economies have all led to mass poverty and famine. And market economies have created, in the last 200 years, unparalleled prosperity.
- Jotra7 4y ago[dead]
- mrguyorama 4y agoMeanwhile every single one of these private companies you put up on a pedestal is LITERALLY a top down planned economy.
- orcanwe 4y agoAnd if they’re poorly run, the company goes bankrupt or gets bought out by a stronger company. The government isn’t subject to that kind of check, except in the most catastrophic case.