News for hackers. Stuff that matters.

A comment on For tech-weary Midwest farmers, 40-year-old tractors now a hot commodity. Parent comment

Re:For tech-weary Midwest farmers, 40-year-old tractors now ... by catalogia on Monday January 06, 2020 @02:50PM (#21972510)
How many times must it be demonstrated that "market forces" is not a silver bullet to every problem before people take the hint?
[ Parent | on HN ]
Re:For tech-weary Midwest farmers, 40-year-old tractors now ... by gitgudnubs on Monday January 06, 2020 @04:33PM (#21973586)
This problem was created by regulation. It's not clear that markets can work when governments grant monopolies, and don't restrict the ensuing vertical integration. The only solution is to grant weaker monopolies.
[ Parent | on HN ]
Re:For tech-weary Midwest farmers, 40-year-old tractors now ... by dsr_ on Monday January 06, 2020 @03:01PM (#21972632)
Market forces would work in this situation, if only the situation were different:

- if there were an existing competitive market, that would help.

- if there were a clear long-term market, that might inspire competition.

But in this case, market forces caused the problem.

[ Parent | on HN ]
Re:For tech-weary Midwest farmers, 40-year-old tractors now ... by catalogia on Monday January 06, 2020 @03:01PM (#21972642)
> X could solve Y if only Y were Z

That's a nice hypothetical, but hardly helps these farmers. The real solution is America's most hated four letter word: regulation.

[ Parent | on HN ]
Re:For tech-weary Midwest farmers, 40-year-old tractors now ... by deith on Monday January 06, 2020 @03:21PM (#21972846)
>Market forces would work in this situation, if only the situation were different

That can be said every time the market fails to adjust itself.

[ Parent | on HN ]