/biz/ - Business & Finance

Why do people ignore a major flaw of capitalism: lack of planning for the future? Regular capitalism only takes into account present supply and demand (and some planning for the near future). Things like overuse and pollution of resources would not be taken into account if the government was not around. Another lack of planning for the future: America's suburban system. While the demand for Americans to live in suburbs has been high for a long time, the resources needed to supply, build, and increase the infrastructure is extremely high. If there was ever a sudden drop in some resource (sand for concrete (roads), oil for cars, gas for electricity) and it was permanent, people would flock to cities but the remaining infrastructure would still be there. Water pipes that lead nowhere, roads that expand for hundreds of miles, useless parking lots. Is there a solution for this lack of foresight in this economic model?

>>685590
Rest comes later. Stay tuned.

Could the free market give us enough schools and healthcare?

Why would anyone run extremely cost-inefficient and low profit enterprises such as maternity wards or schools for disabled children?

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