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This is the current situation in the United States. The problem with this is that when you have shattered/distributed state power, they work to achieve opposing
by animal_spirits 2y ago
This is the current situation in the United States. The problem with this is that when you have shattered/distributed state power, they work to achieve opposing objectives. On one hand we have massive subsidies provided to the fossil fuel industry while at the same time spending millions on research in renewable energy. Recently we had huge subsidies to growing tobacco while also funding programs to stop people from smoking. This is ineffective and inefficient use of money. Now, this would happen with private companies as well, but the difference is that private companies have no means to force individuals to pay for their costs the way state government does. The state can threaten you by means of force or jail to pay for both of these conflicting endeavors through taxation. Whereas you only give money to private enterprises voluntarily, where you find value in their goods or services.