3 ms·
> What else should we do? Price controls? Many modern, western countries have supply management policies in place to help steady commodities markets, e.g. Cana
by BaseballPhysics 4y ago
> What else should we do? Price controls?
Many modern, western countries have supply management policies in place to help steady commodities markets, e.g. Canadian dairy management.
Heck, US farm subsidies exist specifically for this reason: to help support producers when markets soften. There's just no policies in place to moderate market behaviour when prices swing up (privatize the profits, socialize the losses, baby!)
There is a middle ground between unfettered, free market neoliberalism and full blown state control. Unfortunately, the kind of thought-limiting rhetoric you're demonstrating here shuts down discussions before they get started.