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by jtr1
2225 days ago
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>Proper role of government is to actively encourage competition, not destroy market by subsidised public service. Just highlighting this because while it functions as an unquestioned prior for a lot of us in the tech community, I think it conflates a means with an end. Competition is generally preferable because it builds in the enforcement of feedback between the preferences of consumers and capacities of producers of a good. Where that feedback is tight, it promotes the welfare of both. Common welfare is the end, competition is the means. |
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