No one lives in completely unregulated capitalism. Well, not willingly anyway. That kind of anarchy happens when countries collapse. But normally you quickly get a drug/war lord taking over setting their own (unfair) laws & regulation.
It’s a constant battle of over/under regulation, regulatory capture, etc. But that’s how it should be in a dynamic world.
There are no shortage of those who really believe that nonsense. In the UK, we literally had a pair of these loonatics running the country and economy for a few months. They tanked the pound in their short time before their own party pulled the plug under pressure of markets and donors losing money.
But that will never happen because the EV manufacturers couldn’t charge ridiculous amounts of money for proprietary batteries.
That why we need regulators. The market doesn’t magically deal with “Tragedy of the Commons”.
no that’s communism
No one lives in completely unregulated capitalism. Well, not willingly anyway. That kind of anarchy happens when countries collapse. But normally you quickly get a drug/war lord taking over setting their own (unfair) laws & regulation.
It’s a constant battle of over/under regulation, regulatory capture, etc. But that’s how it should be in a dynamic world.
I think they’re being sarcastic, but it’s annoying in its own way to repeat the lines that barely anyone actually believes
There are no shortage of those who really believe that nonsense. In the UK, we literally had a pair of these loonatics running the country and economy for a few months. They tanked the pound in their short time before their own party pulled the plug under pressure of markets and donors losing money.
Yup… If you can’t compete add tariffs.
God forbid that they concentrate on the quality of the basic vehicle instead.
But you know gubmint regjuleshons are stifling innovation.