Re:Businesses should try to be the best, not the biggest
by jeofken on Friday January 29, 2021 @08:26AM
(#25957001)
The same wrong incentives apply to individuals. It’d be better just not to tax people’s wages and also not bail failing companies or careers out, but let people and business find their own balance.
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Re:Businesses should try to be the best, not the biggest
by vharuck on Friday January 29, 2021 @08:46AM
(#25957145)
I'm not sure which careers you think have been bailed out. Politicians talk about saving certain professions (e.g. coal miners), but those bailouts end up being for the company.
Do you have a different example?
Re:Businesses should try to be the best, not the biggest
by jeofken on Friday January 29, 2021 @08:22PM
(#25965042)
I replied to a comment that wanted the government to demand money from innocent people to bail out people with obsolete careers, and the comment meant this was virtuous vs bailing corporations out, while in fact demanding money to bail out inefficiency is not virtuous regardless.
It’s better not to demand money from people and instead let them be free - the money you don’t tax will end up being spent on more goods and services, like how the average Swiss lives better than the average Norwegian, even if CH has no ports or natural resources, but instead has economic freedom