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Re:Tahoe's hiring crisis is unraveling small businesses duri... by PaulDavisThe1st on Sunday July 18, 2021 @12:20PM (#27874150)
> Capitalist market economies are usually very efficient at allocating such resources

Sure, as long as "efficient" means "most aligns with the desires of capital".

Re:Tahoe's hiring crisis is unraveling small businesses duri... by ashtonkem on Sunday July 18, 2021 @02:52PM (#27875416)
Capitalism is extremely efficient at aligning resources for profit. Whether or not that’s what you’d want as a society is another matter.

Personally I’d argue that capitalism is great for non-necessary consumer goods, and disastrous for necessities. My TV is cheaper (inflation adjusted) and measurably superior to what was on sale half a century ago. Unfortunately my house is massively more expensive than it was half a century ago, and unlike a TV I will die sooner if I don’t have some sort of dwelling to live in.

If we’re going to keep capitalism, and the growing sentiment against it here makes me question even that, we need to put stronger safety rails around it.