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by gydfi 3411 days ago
I think the point is not that it's driving off huge corporations but that it makes life difficult for every business. It doesn't seem to make life easier for workers either.

I believe in the principle that the unintended consequences of any policy usually wind up outweighing the intended ones.

1 comments

This is the "cobra effect"

I love the story:

> The term cobra effect stems from an anecdote set at the time of British rule of colonial India. The British government was concerned about the number of venomous cobra snakes in Delhi.[3] The government therefore offered a bounty for every dead cobra. Initially this was a successful strategy as large numbers of snakes were killed for the reward. Eventually, however, enterprising people began to breed cobras for the income. When the government became aware of this, the reward program was scrapped, causing the cobra breeders to set the now-worthless snakes free. As a result, the wild cobra population further increased. The apparent solution for the problem made the situation even worse.

https://en.wikipedia.org/wiki/Cobra_effect