Uh oh, sounds like someone wants a command economy!
No, honestly that's exactly what you're saying "You shouldn't do X because I don't think it will have a potential payoff". Now in some particular cases where there are particular social or environmental harms we may pass laws to limit said behavior. After that point businesses and individuals have the right to waste money on whatever they like.
Note, this is why it's also important to have government funded research on things that may not be profitable. While industry is screwing around trying to squeeze and extra penny out of a dime, research projects, while risky can find hidden quarters.
> Uh oh, sounds like someone wants a command economy!
Is it possible to get your point across without accusing me of things I've never implied?
I didn't say that we should pass laws to prevent people from throwing shit at the wall. But I think that we live in a collective delusion if we think that that's the right way to make progress.
I don't think they were wrong about you implying it, though.
If you don't want people to assume you're proposing some form of command economy, then it's on you to concretely articulate how you envision avoiding the chaos of capitalism without resorting to the authoritarianism of a command economy.
Uh oh, sounds like someone wants a command economy!
No, honestly that's exactly what you're saying "You shouldn't do X because I don't think it will have a potential payoff". Now in some particular cases where there are particular social or environmental harms we may pass laws to limit said behavior. After that point businesses and individuals have the right to waste money on whatever they like.
Note, this is why it's also important to have government funded research on things that may not be profitable. While industry is screwing around trying to squeeze and extra penny out of a dime, research projects, while risky can find hidden quarters.