Quote:
Originally Posted by BoredSocial
This isn't even an argument dude. It's just really weak sauce snark that isn't even technically right. Eventually great questions get answered. We used to think the universe revolved around the earth. We've pretty much tried most of the variations of government vs private control... and the results are that both have their place in well run societies. The fact that this is controversial just shows how behind current economics and political science the vast majority of people are.
But beyond that I am so ****ing bored of talking about how much control the government should have when we well into the optimization phase of exploring the right answer to the question. We can talk about it wrt to very specific situations... but the broad strokes are already painted. Sorry.
Aren't you a little behind the times? The push in economics right now is the move away from theoretical models and into empirical research, exactly because the supposed right answers don't actually work when looking at the real world, even though theoretically they should.
The endpoints are a bit mangled as well. Singapore is often held up as some capitalist example but owns all the housing. Norway is more socialist than Venezuela, yet has growth rates right up there with the US.
I don't think the private vs public answer is as solved as one would like, and of course how a country should be organized is always under contestation.