this post was submitted on 13 Oct 2024
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"I'm libertarian" followed by an assumption like businesses are "supposed to" do anything except make money and bump their stock prices by any means necessary. Yep, checks out.
Businesses are horribly inefficient due to their short term thinking. Efficiency is a marshmallow test. Doing things right in hopes of making $150 tomorrow will always be tossed out in favout of a garunteed $100 right now, doing it fast and dirty. The idea that businesses are naturally incentivized to do x because of market forces is bullshit if x is anything other than whatever makes the most money right now.
They send our natural resources to the other side of the world so slaves can turn them into goods that they ship right back to us. Efficiency is an expense that businesses are often incentivized to avoid when doing it wrong is cheaper.
If you want businesses to do anything but chase short term profits as ruthlessly as they can get away with, you need regulations.
Water is supposed to flow down. If there's wood under that water, it's supposed to rot.
I've become libertarian due to a lot of experience with people.
It's the hated ideology exactly because it doesn't give an outlet to someone's wish of finding the golden pill and\or being above the nature. Well, there is no satisfaction for such wishes IRL, libertarians are just honest.
All that text is clueless accusations mixed with implications that you have some better idea. You don't, look around.
No, it's a hated ideology because it doesn't work, and all it does is show your lack of understanding of how the world and human behavior work
Letting private businesses run unchecked is always going to be a bad idea. Full stop.