3 ms·
Markets are never perfect but over the course of history they are a pretty good mechanism to solve these type of problems. Not sure why we think taxing hypersca
by infecto 8mo ago
Markets are never perfect but over the course of history they are a pretty good mechanism to solve these type of problems. Not sure why we think taxing hyperscalers differently is the answer. Government usually does worse than the market when it comes to sorting it out.
My argument is not that market is perfect but that the alternatives are probably far worse, like a new tax on a specific group of companies.
- wolvesechoes 8mo agoMarket only exists due to government.
- infecto 8mo agoYes, and? That still does not mean we should add arbitrary taxes for a supply/demand issue.
- rchaud 8mo agoThe course of history, from borders to leadership choices and technological advances like seafaring has been determined to a much greater extent by organized religion and state-sanctioned warfare than it has by the open and free operation of markets.
- infecto 8mo agoIf you have a consistent example of those solving market supply and demand pricing I am all ears. I read what you said but has little to do with my statement. Over the course of history one of the best mechanisms to solve imbalance is supply and demand has been the market and its ability to eventually set prices correctly. It’s not perfect and it’s not always the best solution but it’s pretty good for these types of problems. I am all ears for your examples though but I don’t think borders, leadership changes or advances are “this type of problem”
- Qiu_Zhanxuan 8mo agoit's hard to think when science contradicts your beliefs eh ?