Re:Airlines Are Just Banks Now
by tech_ken on Thursday September 21, 2023 @01:39PM
(#37601133)
That's a trivially true statement for any descriptor which can be applied to both a business and a nation? National economic collapse generally means civil war and anarchy in almost any case.
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Nation is like "too big to fail" businesses and both are bad because of this. Free market system requires everyone to be able to be eliminated from the competition.
Although sometimes I imaged UBI to instead enhance free market because it allows every person to contribute to the competition and can still fail gracefully. Instead poor person is now also "too big to fall" because they're betting their livelihood for each proposal.