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> whenever, without exception, someone takes a swing at free markets it leads to people dying Do Scandinavian socialist democracies not count as an exception?
by semi-extrinsic 2y ago
> whenever, without exception, someone takes a swing at free markets it leads to people dying
Do Scandinavian socialist democracies not count as an exception?
On the flip side, I think you will equally find that whenever free market solutions are applied to public services - healthcare, water, electricity, police, etc - people also die in large numbers. And although wealthy people generated by the free markets are philantropic, it's not in proportion to the harm inflicted on people. Only thing is, we ignore those disasters because they are inconvenient for the narrative.
It seems to be obvious that certain things (like public utilities) should just be controlled directly by the government, without any free markets involved, as long as your objective function is to optimize the average life quality of your citizens.
- readthenotes1 2y agoCan you give some examples on actual free market solutions are applied to public services? The closest I can think of are the metros of Tokyo free government takeover, but I am not sure how free those actually were of government regulation. One of the struggles I have is that typically these public services may be carried out by private companies paid for by the government, but that is just begging for corruption