Comment by TFYS | Hacker News Reader

Comment by TFYS | Hacker News Reader

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> And if the customers are not willing to pay more, it sounds like they're actually happy with the current offering and that's not an area that your fellow humans would find useful for you to work on.

People would need to have perfect information about all the products they buy in order to truly know if they're happy with them. If they knew and saw first hand all the effects that a product has (poor working conditions, poor pay, environmental destruction, effects on health, etc) they might not actually be happy with these products. It's impossible to research all of these things on everything you buy, and therefore the market does not "care" about any of these things, only about the immediate effects that the buyer can feel.

If people would actually be happier with your solution that's simply a marketing problem, which is entirely solvable.

But I think more often people delude themselves into thinking their thing is better (since it's their baby) when it actually is not, which no amount of marketing dollars can solve.

It's not just a marketing problem, because the amount of information you'd have to have in order to make a truly rational decision is beyond any simple marketing campaign. Your competitors would also be creating campaigns against yours, so how would a consumer be able to figure out the truth without impossible amounts of work?

I'm sorry but your view on the economy and society is really naive. As if everything could be solved by markets. Monopolies don't exist. Powers other than supply and demand (political, societal, geological, etc) don't matter. It's not that simple. Read some books of (old) economists or philosophers

If you cannot argue your points succinctly here without ad hominem attacks, I presume they aren't strong enough to stand on their own.

A rebuttal of "markets don't work because monopolies might form!" doesn't make sense when the alternative is to make everything a monopoly in the form of top-down government control.

Even the Chinese Communist Party understands that markets are the best way to create value and growth.

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