Comment by jay_kyburz
2 years ago
Yes, absolutely, its complicated. Do the state owned companies compete on quality or price? Are they required to cater to all segments of the market? How much of a loss can they take and for how long before they are closed down? Do you run separate orgs in each state and have them competing among themselves?
They are all hard problems, and its unlikely we would make the right decisions every time.
But I think its an interesting thought experiment.
Its certainly atleast trying to do something.
In a way this would be like cap the % profits. And just like capping the profits… you cant do that because why should the super effective companies get punished and not gain massive profit!
There is a contradiction in our system - if the companies drive the prices down they digg their own grave. And since they have to grow not stagnate then at some point they need to stop driving prices down and also more and more fuck people over.
So it is greed. Imagine companies that wouldnt grow.