Ok. You bring up an important point. And I hope I can take a minute to convince you of something.
What you’re saying is correct. But it relies on fundamental falacy of the way people try to view economics. When we say “capitalism” we’re obviously talking about the entire economic structure; the “rules” for which an economy is organized and the government that enforcess those rules.
The issue with your comparison is that is is not at all comparable to the economic insensitives of massive companies. There is absolutely no valid way to compare a small business or individual hiring a contractor to what I was previously discussing.
I think our economic education suffers in this country because people tend to think of massive economies of scale as just a “bigger” small business. This is not at all comparable. And the waste that this produces is absolutely non trivial.
The “run the country like a business” people have this same flawed logic. They image that any business is just a “coffee shop” but with more employees and customers. But these things are just not comparable. It would be like everyone deciding about how to build an airplane but they assume that the physics are in a frictionless vacuum.
Ok. You bring up an important point. And I hope I can take a minute to convince you of something.
What you’re saying is correct. But it relies on fundamental falacy of the way people try to view economics. When we say “capitalism” we’re obviously talking about the entire economic structure; the “rules” for which an economy is organized and the government that enforcess those rules.
The issue with your comparison is that is is not at all comparable to the economic insensitives of massive companies. There is absolutely no valid way to compare a small business or individual hiring a contractor to what I was previously discussing.
I think our economic education suffers in this country because people tend to think of massive economies of scale as just a “bigger” small business. This is not at all comparable. And the waste that this produces is absolutely non trivial.
The “run the country like a business” people have this same flawed logic. They image that any business is just a “coffee shop” but with more employees and customers. But these things are just not comparable. It would be like everyone deciding about how to build an airplane but they assume that the physics are in a frictionless vacuum.