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bad-joke | 6 years ago
If you're worried about the well-being of these people or believe their service is a public good that should exist regardless of profitability on the market, you should allocate public funding for them.
bad-joke | 6 years ago
If you're worried about the well-being of these people or believe their service is a public good that should exist regardless of profitability on the market, you should allocate public funding for them.
ben509|6 years ago
It's wrong to talk about how a market is "supposed to work" because markets aren't a Platonic ideal; they're how people get together and deal with scarcity in aggregate. Some markets can be highly competitive, some are monopolies or monopsonies, some are more or less regulated, and so on.
Capitalism is an ideology so it has a way it's supposed to work, but I think they'd broadly agree that banning a category of volunatry transactions is not capitalist.
> Without advertising, these people would be forced to implement a profitable monetization strategy, or they would fail.
Very true, if the government intervened, businesses would be forced to work around it. That may wind up being worse than what you started with. If ads weren't allowed, you'd probably have more people recruited to do direct sales, for instance.
More likely, though, they would lobby the government and point out the massive human cost of large numbers of businesses failing.