News for hackers. Stuff that matters.

A comment on New York deploys National Guard to New Rochelle, establishes containment center. Parent comment

Re:New York deploys National Guard to New Rochelle, establis... by cmurf on Tuesday March 10, 2020 @10:55PM (#22542524)
It's not about markets vs government. It's about competency versus incompetency. South Korea has far more testing than about any country, it's not due to letting markets do their thing. It's due to competency: they had an imagination for this situation, from experience, and had a plan to deal with it, should it happen again. We have examples of authoritarian and democratic governments, some do the right thing, some do the wrong thing.
[ Parent | on HN ]
Re:New York deploys National Guard to New Rochelle, establis... by malandrew on Wednesday March 11, 2020 @12:38AM (#22543038)
With markets, you have an opportunity to discover and reward competency. With government, you have all your eggs in one basket and if that basket isn't competent, you're shit out of luck.
[ Parent | on HN ]
Re:New York deploys National Guard to New Rochelle, establis... by cmurf on Wednesday March 11, 2020 @10:52AM (#22546297)
With markets, you have an opportunity to discover conglomeration and monopolies who reward themselves. With government, you have elections, and if that doesn't work, well maybe you have an incompetent society, and all you have is luck.
[ Parent | on HN ]