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by deathcalibur 1850 days ago
The problem isn't really people quitting actually because like you said, that could be good. It's more like the business can't pay to stay open because there aren't enough customers to cover the variable costs. So now the business is closed and you have no where to spend your money... This realistically only affects small businesses like your local grocery store or whatever. Once the pandemic lifts, all that cheap property gets bought up by the Walmarts of the world and the concentration of power to the top 1% continues.

Right? I could totally be wrong here.

1 comments

It's weird how the 'infallible invisible hand of the market' folks don't believe in it in practice. All the 'isms' seem like convenient excuses to justify selfish behavior in whatever way suits the argument and not these well thought out concrete theorems like we were lead to believe.
The context of this discussions is the government giving free money to people.... I don't understand how you equate that to people not believing in market forces.