Thats a pretty thorough reply which gives some further insight into the issues we’re facing. While the ideas certainly makes sense in a vacuum (especially with governments and markets staying in their lane), there is a major issue in that the very politicians managing the government would have a pretty big conflict of interest which would prevent the sort of reforms necessary, as most politicians would fall under one or more of the following:
They own/run businesses from prior to running for a political position- there’s always going to be a subconscious bias towards playing favours especially as they can go back to said business if they don’t last a term
They have a stake in the businesses that are in the free market
They could be receiving gifts and/or contributions from businesses that have a vested interest in having a politician that aligns with the business’ political agenda, including having a position for a politician if they lose a re-election bid
It’s really difficult to see how the government can be separated from the free market if the politicians are closely involved with the businesses, which can later be deemed as “too big to fail”.
Thats a pretty thorough reply which gives some further insight into the issues we’re facing. While the ideas certainly makes sense in a vacuum (especially with governments and markets staying in their lane), there is a major issue in that the very politicians managing the government would have a pretty big conflict of interest which would prevent the sort of reforms necessary, as most politicians would fall under one or more of the following:
It’s really difficult to see how the government can be separated from the free market if the politicians are closely involved with the businesses, which can later be deemed as “too big to fail”.