Message from @Zayan Watchel
Discord ID: 493522396276588559
I was saying I can
I can't change your mind
which isn't a bad thing
Yes. If an industry is dying under market conditions it means that it doesn't need to exist anymore.
if you think it's a bad question, then it's a bad question, is what it meant @Zayan Watchel
That's not me trying to refute you
Fine.
Or that somebody is undercutting it to purposely harm that industry to come into the Prime provider
Could I get specifics on that?
Which happens, like "short-sellers" in the stocks market.
People that buy stocks just to harm a company.
The invisible hand will always deal with it. I need a specific scenario.
When a company dies it'll be replaced, what's the issue?
Ah, yes. If you just leave something that doesn't work alone it fixes itself.
Though I understand the mentality.
Or dies and gets replaced.
That's what happened with Monsanto.
The government never needs to touch the economy, it'll always sort itself out.
monsanto is being propped up by the government
I would agree.
So the government should work with the people to get rid of it.
Redpill me on monsanto
If something is failing in the market don't fix it, let it die, then the gap will be replaced by a newcomer.
And the people should work with the government as well.
Why does the government need to get involved?
Here's an example of where intervention is needed
It sounds like the government is creating the issue with companies like Monsanto.
They are.
It is.
Sometimes people undercut the market
The collection of personal data by big tech
And harm the domestic market.
If people undercut something then let whatever is dying, die.
if the government gets involved then the invisible hand isn't there
Are platforms like Google Utilities?
So don't let the government get involved.
you can't undercut "the market"
^
because that is part of the market
Though, some tech companies do get involved with the government in a "if you scratch my back, I'll scratch yours" kind of way