4 ms·
Seems more of a moral hazard of government intervention than of ventures whose economies of scale demand large market cap to most economically serve customer ne
by sophrosyne42 4mo ago
Seems more of a moral hazard of government intervention than of ventures whose economies of scale demand large market cap to most economically serve customer needs.
- Groxx 4mo ago"Most economically" can be bent to nearly any purpose, there's almost always a cost-benefit to owning more of what you do, or externalizing costs onto others. It's not enough of a reason, and it's why laws restricting private behavior to serve the greater public exist. Which is very nearly the only reason to have governments: forcing restrictions that lead to better results in aggregate. (malicious control is another reason, but you kinda can't argue public benefit there)
- sophrosyne42 4mo ago"Most economically" means to satisfy the desires of the buyers without impairing the satisfaction considered more important. It has public benefit built in.