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The only thing that changes economic reality is competition.
by humbyvaldes 11y ago
The only thing that changes economic reality is competition.
- Frondo 11y agoGovernments also change economic reality. Regulation, when well-applied, works wonders.
- r00fus 11y agoAnd in most cases, competition requires a (somewhat) level playing field - a job for government. If you only rely on the Elon Musks of the world to disrupt entrenched interlocking cartels, you'll end up waiting decades to balance the inefficiencies of that market if you're lucky.