this post was submitted on 18 Feb 2024
150 points (95.2% liked)
World News
32349 readers
460 users here now
News from around the world!
Rules:
-
Please only post links to actual news sources, no tabloid sites, etc
-
No NSFW content
-
No hate speech, bigotry, propaganda, etc
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Historically the free-market has never attempted to do anything except maximize profit. The way the contracting system works in the Us, you never have to actual produce anything to get paid, all you have to do create a shell company that will produce the thing you are contracted to produce. When the shell company can't produce the thing, you blame it on the suppliers of the shell company, and then you pocket the contract money. At no point would shells ever be produced.