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by m4nu3l
1426 days ago
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The real question for me is, do you think that a Government is different or in a better position than corporations or people operating in the market in making economic decision for an entire country? I believe it isn't. Actually I think it's in a much worse position for the following reasons: 1) A Government is made of people (usually elected directly or indirectly by the majority based on feelings and all the same irrationality), which in turn will likely be "irrational", or have the wrong incentives (be elected again). 2) A Government is made of few people compared to all the people that there are in the Country. They can't possibly know about all the details of the economy and the situations people are in or they can't process it. 3) Government policies can affect the entire economy. An error there can have bigger repercussions than, for instance, a company making a mistake. |
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Because the government isn't, (or at least shouldn't be) beholden to short term interests in the same way those other classes are.
Companies will happily destroy everything around them, poison and impoverish entire nations if not reined in, just to turn a quick buck.
People are extremely short-term, local thinkers in general. Yes, I include myself. Most struggle with delayed gratification, let alone retirement planning.
A government, under the purview of democracy, is needed to try to balance these things out and help a society actually operate. Without one, well, you'll likely end up with Grafton, NH, writ large - https://www.vox.com/policy-and-politics/21534416/free-state-...