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NickCJ in reply to @itsbruce

Apply this logic to the U.S. health industry. Or privatised essential services in this country. Or the music industry pretty much anywhere.

To the extent these markets fail they fail in quite different ways to delivery, don't they? The market failure in delivery is really an externality problem, i.e. you the consumer are sort of a third party to the bargain between the retailer and the shipper.

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itsbruce in reply to @NickCJ

I think we're violently in agreement, there. My point is simply that the simplistic view of the capitalist market, so often used to excuse malign political or commercial decisions,is a fairy story.

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NickCJ in reply to @itsbruce

By the same token, pointing to things you don’t like, saying “bloody capitalism” and assuming centralised planning could fix it has elements of a fairy story too!

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