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> but I worry about what happens when a useful industry becomes politically unpopular. In a society driven by supply and demand capitalism, I can't fathom this
by jeffwask 3y ago
> but I worry about what happens when a useful industry becomes politically unpopular.
In a society driven by supply and demand capitalism, I can't fathom this scenario. Even popular stuff we currently prohibit, drugs, prostitution, gambling have thrived.
- whimsicalism 3y agoWe impose significant societal costs on all of the things that you named that mean lots of people who want them can't get them for a good price. Black markets exist but that doesn't mean they function as well or efficiently as normal markets.