Yes, and that’s why competition is needed so that the ‘as much rent as possible’ is minimized. I am not arguing against a helpful society. We don’t exchange goods for compassion but for money so we need competition.
I wouldn’t mind switching to a society that is built on altruism. My point is that the EU is not an inherent benevolent government. These regulations will be abused and I believe that there would be less abuse if we spent the resources on infrastructure that allows the consumers to make better decisions.
Yes, and that’s why competition is needed so that the ‘as much rent as possible’ is minimized. I am not arguing against a helpful society. We don’t exchange goods for compassion but for money so we need competition.
We actually do that all the time. Altruism takes many forms. Or if you wanna be a nerd you can call it Mutual Aid.
Edit: sorry I’ll stop pecking at you, it also took me a long time to deprogram from “Keynesian/Chicago economics is 100% right about human behavior.”
I wouldn’t mind switching to a society that is built on altruism. My point is that the EU is not an inherent benevolent government. These regulations will be abused and I believe that there would be less abuse if we spent the resources on infrastructure that allows the consumers to make better decisions.