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This is more than a free market vs state argument. This type of thing is a characteristic of any large system - there will be gaps. (I’m trying to explain but
by FredPret 2y ago
This is more than a free market vs state argument.
This type of thing is a characteristic of any large system - there will be gaps. (I’m trying to explain but not defend these gaps).
Unfortunately, some things only work if it’s a large system, like insurance, government, and AT&T.
For instance, in countries with state health care, there are also serious failings like this kind and of other kinds. For example, by keeping prices low, some of these systems restrict supply. This means long waiting times & lower rates of innovation.
Here in Canada, we have government insurance, not health care, and though it’s been good to me, it’s not perfect. Central control is not some silver bullet, and neither is the free market.
- Apocryphon 2y agoJust wondering, is the dire state of Canadian phone providers (Bell, Telus, Rogers, etc.) a product of government regulation or private cartelization?
- FredPret 2y agoProbably both? If there were more of them, and each one was smaller, the situation would likely be better. But below a certain size, the effectiveness of an ISP drops off.