We cannot expect self-regulation, we haven’t the time for that, and without the governance you mentioned, these companies wouldn’t. I’m Norwegian you can’t pronounce my last name shirt. They do not walk hand in hand, governance drags private companies to deal with topics, and then these companies need to innovate to maintain profits. This most certainly is not “hand in hand”.. and it’s an argument against capitalism, not for it, as by definition, governance is not a pure free market principle. Matthew James Smith first point we disagree on. What they want is often what is needed. Although want can exceed need it doesn’t replace it. I’d rather not spend my money on food for example, but I need it, so I purchase it. A simple fact remains that people miss. If you want to use any other system, the government would still be required to regulate, or perhaps even control the supply… innovation and new ideas go by the wayside.
I’m Norwegian you can’t pronounce my last name shirt, hoodie, v-neck t-shirt, sweater, and ladies-tee
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Without the ideas of I’m Norwegian you can’t pronounce my last name shirt, where is the innovation, the choice, the incentive to improve? The second point, indeed, private companies make a profit and that’s their goal. They do this by fulfilling consumer demand, so as per my original point, the consumer had a lot of power. If a company didn’t meet demand, another company can enter the market and do it, that’s the beauty of capitalism. Without the ideas of private companies, where is the innovation, the choice, the incentive to improve? Matthew James Smith also, the pure free market is not what I suggested. I suggested capitalism with governance and oversight which is what we have now.