"It's natural" is a lie we tell to shift profit from the masses to the rich. There is nothing uncontrollable about the human behavior we call economics.
I do not know what to make of this comment. It is so much of what you see on social media that derails constructive conversation. There is nothing terribly wrong with the comment but it feels adjacent to low effort. To make your point, you have constructed a scenario that may or may not happen, but, to me, it lacks introspection and "arguing in good faith".
I am not even disputing what you have stated as a possibility. It is just, there are other possibilities. Maybe the Government Pension Fund of Norway is a good counter example to what you propose?
"Governments influence economics all the time in subtle and not so subtle ways."
They do. Influence, but not control.
So .. au contraire.
The demand to just "control" the market is a really low effort populistic approach to me, that refuses to analyse deeper.
Economy is made up of people. Who have a free will and act out of various motives. So if one instance is controlling the economy it means this instance is controlling all the free will of those people. History shows it can be done, but for a hefty price and I was born into such an experiment I consider failed all in all.
So I am not a free market fanatic, but I see the growing authorian tendencies very critical.
Btw. next time you come to criticize me, maybe check the guidelines yourself first.
"When disagreeing, please reply to the argument instead of calling names. "That is idiotic; 1 + 1 is 2, not 3" can be shortened to "1 + 1 is 2, not 3."
Hm. The way laws are written in reality, it might as well be some (dark) magic entity to me. The process of giving input there is not made easy. But if your point was, it is in our hands to change anything and also that, then yes.
I merely replied to the very orignal and never tried out approach of "controlling the economy" indeed with the standard response. If you are willing to debate alternatives for real, I am all ear. But yes, totalitarian approaches I will not like.
We saw how they tried to implement this in the Soviet Union. Sure there were almost no rich. Everyone was poor af. And there was no escape from it unless you willing to hijack a plane.
