Re:I Am Tired of AI
by catlifeonmars on Saturday September 28, 2024 @09:04AM
(#41679988)
100%. Markets are a really useful tool for distributing goods and services to people and allocating resources.
In the US, IMO the problem is that markets are the primary tool for a huge number of services; take utilities for one.
There is a saying that when you have a hammer, every problem looks like a nail.
The biggest and most salient critique of liberal capitalism as we now exist under is that it requires far too many of the "right people" to be in positions of power; it presumes good faith where it shouldn't, and fails to reckon with bad actors as what they are far too often, the modern American Republican party being an excellent example (but far from the only one).