Comment by janalsncm
15 hours ago
If you continue studying econ you will learn about the various failure modes of free markets including the free rider problem.
15 hours ago
If you continue studying econ you will learn about the various failure modes of free markets including the free rider problem.
If you keep studying econ you will learn that these failures are actually the norm, and thus why the only "capitalist" states to really succeed have been the ones where the state was strong enough to reign in the market.
Of course, such a state of affairs is temporary at best -- since the alternative is so lucrative!