this post was submitted on 29 Aug 2023
594 points (97.0% liked)
Technology
58137 readers
4348 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
It's not. I really hate it when Marx fans and Rand fans find something in common, and one of such rare things is thinking that preventing big trees from falling is somehow connected to normal economics.
Naturally it's the other way around, the more painful it is to make such mistakes, the more optimized the market is.
Other than that, gambling on the assumption that regulators are going to save you is the same as cheating, stealing etc.
It's like the suicide joke again - "more suicide jumpers means fewer suicide jumpers". Market economy is about evolution. If you impede evolution (say, with preventing somebody from failing or with copyright and patent laws), then it loses its main advantage over anything else.