top | item 47034171

(no title)

Atreiden | 13 days ago

Are you under the impression that the planet has effectively infinite carrying capacity and ability to support an "optimal market" indefinitely?

discuss

order

quotemstr|13 days ago

I am of the opinion that markets and prices, not EU regulators, should tell us where scarcity is. We're bad at optimizing manually for the same reason we're bad at guessing where program hotspots are. The market is a profiler.

mulmen|13 days ago

Do you honestly believe this? Where did you study economics? This regulation is not about scarcity. It is about over abundance.

Overproduction is a failure mode in capitalist systems. The market can’t correct for this because negative externalities do not feed back into supply or demand.