Comment by card_zero

It JUST means that the creditors lose money? It doesn't stop the planes flying? It doesn't stop the humans and freight from being transported? The plane maintenance? The airport's budget isn't affected, the airline employees aren't affected?

It's funny how any time something comes along suggesting consumer choice should play a role in a market economy, these types of comments come along to suggest its not their place.

There's no fundamental rule of a capitalist society that consumers have to make their choices out a narrow selection of options provided by corporate oligarchies between the criteria they would prefer to compete on. As a customer, I can choose which airline I want based on whatever criteria I want. Maybe I pick it based on pay ratio between executives and average workers, maybe I pick it based on whichever has the font I like best on their homepage.

Culture. Today's CEOs aren't more valuable than those of 30 or 60 years ago but the going rate is way higher, so they're paid what's expected.

> "I have a vague notion that roads could be funded by a group of businesses that benefit from them"

Everybody benefits from roads. People who use the roads directly, benefit from being able to move around quickly. Companies which move raw materials around to make products benefit from roads. People who buy products that were moved and delivered by road are benefitting. People who can work because roads enable tourists to come, benefit from them. People whose decent coworkers were once children who were educated by teachers who got to work by road, are benefitting years later. People whose family members didn't suffer a massive property loss because they could call a plumber who got there by road, are benefitting. People who can engage in long distance trade and relationships by post, benefit.

Even though there are people harmed by roads, there's nobody who doesn't benefit from roads.

We have ways to charge people-who-use-roads-more, more money; they pay larger road tax for commercial vehicles, for larger wheelbase vehicles, for larger engine vehicles, they pay more fuel tax because they drive further and buy more fuel, they pay more tax on parts and labour because they wear out their vehicles faster, replace parts and vehicles more often, spend more on mechanic work.

I also don't really want it so that a business owns private roads, and if the road gets a sinkhole and traffic cannot flow, the business can just shrug. If ambulances can't get through, if garbage collection can't happen, if people can't get to work, if companies can't deliver products, the company doesn't have to hurry to fix it. They only care to the extent that their toll income has dropped by one road's worth, but if they fix it within a month or two that might be fast enough for them - but not fast enough for the rest of us to avoid serious consequences.

You’re missing the vital framing. You’re welcome to strawman the strawman but the respond with yet a third: “I’m not able to pay for it and will die as a result”. I’d prefer to live in a society where we avoid as many situations like that as possible. It’s the primary purpose of a government and a nation. Solving the problems of aggregating the required parts? Again it’s why we work together and it’s the point of government to solve that problem.

Good regulation doesn’t completely avoid market mechanisms it tries to tame the more brutal ones in order to maximize return to society. The roads argument is important because without roads we do not have any trade. So by collectively and somewhat proportionally, to use and income, managing the cost of road it makes everything else the market does possible.

Lots of roads in the USA are built by private developers, then they're deeded over to the municipality for "free" so its on taxpayers to do maintenance.

> and "rent-seeking", whatever defines that really.

"The act of growing one's existing wealth by manipulating public policy or economic conditions without creating new wealth." This is in opposition to profit-seeking, where "entities seek to extract value by engaging in mutually beneficial transactions." https://en.wikipedia.org/wiki/Rent-seeking

Friend, with respect, the mental blocks you're coming up against regarding roads, police, and resource distribution, within an American libertarian framework, are outlining exactly why American libertarianism (unregulated capitalism) is an untenable ideology.

Private roads don't make sense in capitalist framing because there's no possibility of competition - no market for a free hand to move in. Furthermore, there's ethical issues around the fact that roads won't be built to people who aren't as instrumentally valuable to capitalism, which is in opposition to the idea that all humans are equally intrinsically valuable. In plain words: poor people won't get roads built to them, won't be able to work, will get poorer. This is bad, and if you want to just be selfish about it, will lead to crime and social discohesion.

This argument extends to all the resources governments typically involve themselves in: electricity, sewage, water. We have direct evidence that when they try to privatize these things, it goes horribly wrong: see, the American healthcare industry, or, what's happening to the UK as it privatizes sewage. See the Texas privatized power grid.

All capitalist entities (corporations) are simple algorithms: Make profit go up. We like to tell ourselves that making profit go up is possibly only through mutually beneficial trades, aka the aformentioned profit-seeking, however that's not true in practice. The most profitable activity is slavery driven labor, and the most profitable state for a corporation to be in is monopoly. All optimized capitalist behavior selects for and trends towards that activity and that state, and literally the only way to stop this is through establishing some kind of hierarchy that allows for the limiting of corporate behavior - governments, and regulations.

Any example you give of a corporation in capitalism not trending towards slavery or monopoly has one of several explanations. 1. It's regulated, 2. It's led by someone who ethically doesn't want to trend towards slavery or monopoly, or isn't intelligent enough to do so. In the case of 2, that company will eventually be surpassed and consumed by someone with less morals, more intelligence, and more capital (more power).

> "We should just naturally have the natural things that we naturally want" somewhat unironically. I feel that way, the same as anyone else. The difficulty, as observed up the thread, is in working out what's natural, or vital, or wanted and feasible.

I completely agree, and there are other ways to do this other than capitalism, regulated or otherwise. I strongly recommend the most cited economist in history: Karl Marx. Peter Kropotkin is also very good, "The Conquest of Bread" is a great speculation of alternative systems.