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postingpals | 5 years ago

An example of a market failure is climate change, or at least many market failures are contained within this problem. Are you suggesting the government take a hands off approach to that? At the end of the day the government is necessary to the functioning of capitalism, we need to help people out of poverty so that among other things the economy can actually improve. That's all I'm arguing for, and I think there is undeniable proof of it at this point.

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sul_tasto|5 years ago

I completely agree with you on your point about climate change. I’m also not arguing for completely unregulated capitalism. I just think we need to be both smarter and more realistic about policy making. The 1% and corporations play both sides of the equation. At the same time, pulling down those who have been somewhat successful does nothing to fix poverty.