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In theory, if people don’t perceive corporations as improving their well-being, they will stop being customers. Also in theory, if people don’t perceive governm
by School-Cotton 3y ago
In theory, if people don’t perceive corporations as improving their well-being, they will stop being customers. Also in theory, if people don’t perceive governments as doing so, they will vote in different politicians.
In practice, both effects exist, but are not perfectly efficient for lots of different reasons. That’s why neither Stalinist planned economies nor right-libertarian total lack of regulation work well overall, and the correct approach is somewhere in the middle and different for different sectors (and different countries).