Doc Edward Morbius ❌​  

I'm occasionally inspired to give a reasonably precise summary of what is wrong with free-market, property-based, capitalist economic systems.

This would be one such:
news.ycombinator.com/item?id=2

#capitalism #economics #freeMarket #propertyRights #risk #externalities #naturalResources #rents #labour

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bobgosane99
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@dredmorbius That is a good explanation of how The Tragedy Of The Commons is built into the system.

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