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Do you see any downsides to government's setting prices? There have been a few examples of this in the 20th century.. > Rewarding this kind of greed also isn't
by niij 3y ago
Do you see any downsides to government's setting prices? There have been a few examples of this in the 20th century..
> Rewarding this kind of greed also isn't exactly pushing society in a positive direction, longer term.
Call it what you want, but they're the ones making and providing goods we all agree are necessary :) money is the tool our society uses to incentivize more of that behavior.
- Nullabillity 3y ago> Call it what you want, but they're the ones making and providing goods we all agree are necessary :) Bullshit. The owning class doesn't make anything, and the actual workers won't see a cent of that surge pricing.
- niij 3y ago> The owning class Ok lol. I see I'm not revolutionary enough.
- jmopp 3y agoGoodharts' Law applies to money too. Government action need not be as draconian as a centrally-planned economy to push incentives just enough to eliminate the worst excesses. How much is 'just enough' is, of course, up for debate. But the answer is not 0% just as it obviously isn't 100%