Excellent, now we have a reason to chant "USA 🇺🇲 USA 🇺🇲" until we sink due to rising sea levels.
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October turned up the U.S. burners – and turned off the tap » Yale Climate Connections
(yaleclimateconnections.org)
Realistically any Libertarian dedicated enough to show up to a party conference is probably a member of the 1% of the US population that votes for them in general elections.
Now when I'm lazy and don't support some standards in my open source projects, I'm just going to say its for security.
So we're using Bush era torture to justify inaction against fascism? Idk man seems a little weird.
I get voting isn't enough and half the problem is people often limiting their involvement in society to a ballot once every four years, but I'd really like to prevent The Palestinian Chair from being used on anyone deemed an enemy of the state by a man who is talking about deporting 11 million people.
You can lick pure beryllium just fine. Just don't grind it into a powder and snort it.
404 Media is worker owned; you should pay them.
Vertical integation and scale are not inherently monopolistic. Some monopolies formed because they exploited these advantages, but there are competative industries today where several vertically integrated companies compete.
Monopolies in econ 101 are not called inefficient because they extract profit. They're inefficient because they don't respond to market forces. Since they control all supply, they can disregard demand.
I mean if central planning can be redefined to mean decentralized capitalist markets, I've got a book gor you to read too.
My dude, did you even read the Peter Theil article you linked? His entire speil is in no way congruent with your point. He's basically just saying the rent seeking from a gaining a monopoly can make high risk investments worth it. His argument is still grounded in market logic. He leaves out the people who started high risk companies they thought would be monopolies but turned out to be undesireable.
And I don't even agree with his point, neither Google nor Amazon needed massive capital to hit the market, they needed massive amounts of capital to operate at a loss to squash their early competition to create a monopoly; something that can only be done by the horrible market distortions of a governmnet or rampant late-stage capitalist billionaires with equivalent piles of money.
Edit: I would also point out Theil is a believer in autocracy, known widely for literally owning a company whose product is disinformation, and is shilling to prevent the breakup of his monopolies. I wouldn't trust him under any circumstances.
China has some more central planning than the US, but they lean on the same market mechanisms that the US does when it comes to most solutions, ie tax penalties/incentives and subsidies. An excellent example is their smog reduction plans.
Its also great you linked an article about Chinese steel because they do the same stuff there
There isn't a party planner in every steel mill determining output, they let individual companies react to market forces they shape with tax structures and subsidy.
People's republic of Walmart
Good thing Walmart wasn't supplanted by Amazon who delegates most of whats sold to 3rd party sellers. They certainly havn't copied that for their online sales, right?
Out of curiosity, do you think the USSR collapsed because all its own citizens thought the government was doing too good a job?
China introduced private corperations and capital because they increased efficiency and production.
Are you saying every government whose ever tried tons of central planning just messed up or randomly decided to scale it back just for funsies?
American Nations is probably the worst pop-history books I've had the displeasure of reading. Its chock full of backwards rationalizations, just-so narratives, and glaring misconstructions and omissions.
Any assessment of modern society based on this author is immediately suspect and we should honestly stop letting him write for any serious publication.