Agree about free markets and time. Adam Smith's invisible hand moves slowly. The free market might solve all our problems (including pollution) over time, but our generation (and maybe even the next) may not be alive to see it. And the human casualties may be high. Which is why regulation and subsidies are a practical necessity.
Re:The Ball and Supply Chain
by snowwrestler on Sunday May 02, 2021 @03:13AM
(#27013001)
The lifetime of an autocratic regime is limited by their ability to control their population—see my 2nd paragraph.
You’re forgetting the time aspect. A government can play a longer game than most private investors.
Markets: 0.25 years
Western govts: 4-5 years
Autocratic regimes: lifetime of dictator