“The business of business is business”.
We need government to restrain the actions of business that would harm the environment, the powerless, and the economy.
Joeh - "We need government to restrain the actions of business that would harm the environment, the powerless, and the economy."
This 𝙞𝙨 where Government comes in. The role of government is to adjust the playing field, so prices and practices result in what’s best for overall society long-term.
Government is the only entity that can change things around to align the individual incentives (“𝘩𝘰𝘸 𝘥𝘰 𝘐 𝘨𝘦𝘵 𝘳𝘪𝘤𝘩?”) with the community incentives (“𝘩𝘰𝘸 𝘥𝘰 𝘸𝘦 𝘥𝘰 𝘸𝘩𝘢𝘵’𝘴 𝘣𝘦𝘴𝘵 𝘧𝘰𝘳 𝘶𝘴 𝘢𝘴 𝘢 𝘴𝘰𝘤𝘪𝘦𝘵𝘺?”)
“The business of business is business”.
We need government to restrain the actions of business that would harm the environment, the powerless, and the economy.
Joeh - "We need government to restrain the actions of business that would harm the environment, the powerless, and the economy."
This 𝙞𝙨 where Government comes in. The role of government is to adjust the playing field, so prices and practices result in what’s best for overall society long-term.
Government is the only entity that can change things around to align the individual incentives (“𝘩𝘰𝘸 𝘥𝘰 𝘐 𝘨𝘦𝘵 𝘳𝘪𝘤𝘩?”) with the community incentives (“𝘩𝘰𝘸 𝘥𝘰 𝘸𝘦 𝘥𝘰 𝘸𝘩𝘢𝘵’𝘴 𝘣𝘦𝘴𝘵 𝘧𝘰𝘳 𝘶𝘴 𝘢𝘴 𝘢 𝘴𝘰𝘤𝘪𝘦𝘵𝘺?”)