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by nicoburns
1217 days ago
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> Yes, it's a basic tenet of economics that market economies meet consumer demand more effectively than government command economies It's a basic tenet of fairly extreme capitalist economics. A more balanced view would be that this is often the case but that it only really works when the market is competitive. And that it is hard for a market to be competitive when it's constrained by a limited resource (in this case, land in desirable locations). As a counterexample to your tenet, municipal internet providers almost always provide better service and cheaper prices than private alternatives. |
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