• InternetCitizen2@lemmy.world
    link
    fedilink
    English
    arrow-up
    5
    ·
    2 days ago

    I was just making this point with a laissez faire capitalism coworker. Bro just cannot understand the invisible hand is very often wrong.

    • CanadaPlus@lemmy.sdf.org
      link
      fedilink
      English
      arrow-up
      2
      ·
      edit-2
      1 day ago

      That’s funny to hear. I’d actually say this kind of thing that happens with electronics is unusual, and people do know what’s in their own best interest the vast majority of the time. Dunno if that puts me in the picture or not.

      • InternetCitizen2@lemmy.world
        link
        fedilink
        English
        arrow-up
        1
        ·
        23 hours ago

        and people do know what’s in their own best interest the vast majority of the time.

        Is that true if the vast majority of people are either uninformed or apathetic?

        • CanadaPlus@lemmy.sdf.org
          link
          fedilink
          English
          arrow-up
          1
          ·
          edit-2
          20 hours ago

          Magical boxes aside, people understand and pay attention to things that are of direct personal interest to them. Transit schedules, typical prices of things in their area and so on. Which garbage bins to check if you’re really poor, how to avoid taxes if you’re really rich.

          So, I guess it wouldn’t be, but people actually aren’t stupid or apathetic (about their own life) in general.