Efficiency? Look how efficient education was in the uk before the government took it over. There was no general income tax and every level of measurable education was higher than now, since it gradually declined after the education act of 1880.
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So this joker should tell us what better allocative process he would use.
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Says a guy posting on a social media platform that didn’t exist in the 20th century, using an electronic device that is a miracle of technology driven by market demand, sitting in his house on a cold February day warmed by power that works almost without fail.
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It would be nice if we could end crony capitalism and allow capitalism work. I mean "Too big to fail?" Come on! Ending lobbying and limiting political donations would be a start.
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The free market rewards planned obsolescence, wasteful advertising of unneeded & harmful products, taking profit without adding value, exploitation of people who've fallen on hard times, destruction of the environment, addiction marketing. And you call it "efficient"?
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