▲ 190 ▼ GOP gov posts picture of James Talarico as a woman while attacking his climate action bill. Talarico cares about the environment, which means he’s a woman? (www.lgbtqnation.com) submitted 1 month ago by sanitation@lemmy.today to c/politics@lemmy.world 40 comments fedilink hide all child comments
[–] kinsnik@lemmy.world 3 points 1 month ago (2 children) laissez-faire capitalism doens't actually work if externalities need to be factored in the price permalink fedilink source parent hideshow 4 child comments replies: [+] phutatorius@lemmy.zip 1 point 1 month ago [deleted] permalink fedilink source parent [–] phutatorius@lemmy.zip 1 point 1 month ago* (last edited 1 month ago) Laissez-faire capitalism is a cancer. It's also impossible, since it has two contradictory meanings: a market with no regulations, and a market free from barriers to entry. But an unregulated market will always degenerate to an oligopoly, and oligopolists always end up rigging their markets. That's why my definition of a libertarian is someone who doesn't understand second-order effects. Their whole world view is doggy-doggy horsey-horsey linear relations. It's even dumber than being crudely mechanistic. permalink fedilink source parent
[–] phutatorius@lemmy.zip 1 point 1 month ago* (last edited 1 month ago) Laissez-faire capitalism is a cancer. It's also impossible, since it has two contradictory meanings: a market with no regulations, and a market free from barriers to entry. But an unregulated market will always degenerate to an oligopoly, and oligopolists always end up rigging their markets. That's why my definition of a libertarian is someone who doesn't understand second-order effects. Their whole world view is doggy-doggy horsey-horsey linear relations. It's even dumber than being crudely mechanistic. permalink fedilink source parent