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Also this was during the real halcyon days of the third way and DLC right after the end of the cold war. The libertarian fanboys on HN really don't like it bec
by kristopolous 3y ago
Also this was during the real halcyon days of the third way and DLC right after the end of the cold war.
The libertarian fanboys on HN really don't like it because this is what they furtively shake their pom-poms for and it's clearly trending towards a socially net negative
These hands off approaches will get a thousand flowers to bloom but they'll mostly be weeds
- Eisenstein 3y agoPeople who think that the robber baron days are to be aspired to frighten me.
- kristopolous 3y agoIt's fine in luxury industries. Yachts, jets, jewelry, cruises, etc. But things that people with limited capital need? That obviously doesn't work. Look at the Cochabamba Water War or the California electricity crisis for good examples. An unspoken rule of their models is all consumers value money the same and have an unlimited supply. These assumptions fall flat on >99.5% of people. But ruby and sapphire encrusted watches? fine! Game on.