Re:Are Hackers the New Luddites? [audio]
by jakelazaroff on Friday April 02, 2021 @01:57PM
(#26673935)
Frankly, any discussion about this invariably becomes a critique of capitalism. If you further generalize “software” to “organization”, your examples would include the various decisions companies make to increase profit: polluting, exploiting their workers, etc. At some point, we just have to acknowledge that a free market simply does not work.
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A free market is extremely efficient at some things. It's also extremely terrible at other things.
Of all the options, a free market with regulation to internalize social externalities seems the optimal solution.