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It is beyond dispute that liberalizing the markets in a society is an almost guaranteed way to lift a society out of a confused manufacturing sector and into a
by benreesman 2y ago
It is beyond dispute that liberalizing the markets in a society is an almost guaranteed way to lift a society out of a confused manufacturing sector and into a much better organized manufacturing sector: markets are a much better way to price cars and consumer electronics than planning committee guesses. No one disputes that other than Jensen Huang.
But using a log scale and a ruler to apologize for flagrant grift is nothing to do with capitalism, markets, democracy, common sense, or humanity.
Rent seeking is the original sin of capitalism: don’t take my word for it, re-read your Adam Smith and pay attention this time.
And if by “you guys” you mean advocates for the broader public?
To the death.
- benreesman 2y ago[flagged]
- moron4hire 2y agoAre you part Tamarian? I can't understand half of what you're saying because it's all vague, half-completed cultural references.
- benreesman 2y agoDarmok and Jalad at Tanagra.