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They may exist for a while but when push comes to shove, they will be eliminated. The government is the one with the real problem - there are bureaucrats who gl

They may exist for a while but when push comes to shove, they will be eliminated. The government is the one with the real problem - there are bureaucrats who gladly do nothing all day every day, or even actively harm industry, and they can never be fired and exist as barnacles.

mochomocha 4y ago
> They may exist for a while I don't think we should be interested in the "asymptotic theoretical limit" of capitalism which is never reached. Let's discuss "capitalism in practice", not "capitalism in theory". If things self-correct in a time frame longer than your own lifespan, do you think it's an ideal scenario? I personally don't. I don't see the government forcing Google to pay thousands of highly qualified workers to fill in BS jobs. This is a natural consequence of being a very successful business: complacency, empire building, etc all decorellated from economic incentives. People spend decades with BS jobs in a very capitalist society. Note that I've never argued that a socialist alternative is any better or that the government isn't filled with BS jobs either. I just observe that the problem manifests itself regardless.
- lotsofpulp 4y ago
  > If things self-correct in a time frame longer than your own lifespan, do you think it's an ideal scenario? If there is not a better option, then yes.