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I can't, but I'm curious how you think problems like externalities would sort themselves out. Also what about natural monopolies like utilities and infrastructu

• valval 2y ago
  I think humans are excellent survivors. I don’t lose sleep over externalities because of that alone. What I mean by that is that once people realise their daily lives are being affected by a negative externality, they start making decisions that alleviate that hardship. I do recognise though that it’s an unsolved problem, and will lead to some form of regulation as our understanding is lacking. I think only harmful monopolies should be broken up by force, since they’re a legitimate market force. I’m conceding some ground on that because I’m not prepared to claim that monopolies aren’t always harmless.