4 ms·
>This is a perfect example of why a monopoly is infinitely better than having competition: http://online.wsj.com/articles/peter-thiel-competition-is-fo.. http:/
by josu 12y ago
>This is a perfect example of why a monopoly is infinitely better than having competition: http://online.wsj.com/articles/peter-thiel-competition-is-fo.. http://online.wsj.com/articles/peter-thiel-competition-is-fo....
Or you could let the free market allocate resources quasi-perfectly, let the prices fall and send the money you saved on that ride to an African kid who just lost his family to Ebola. I don't know how much an Uber driver should make, and neither do you, nor the government.
- quadrangle 12y agohow much one "should" make is a moral judgment tempered by the range of realistic possibility, not something someone knows or not. There is ZERO moral basis for saying that whatever a market works out equals how things "should" be. I think we should have a world in which all our cooperative efforts in markets and otherwise that lead to general wealth and resources, we then distribute them so that as many people as possible can live a healthy, secure, and dignified life.