| ▲ | jerojero 3 hours ago | |
Its natural for companies to push boundaries for better and better profits. It's sort of their nature. Things might be fine in Australia and NZ right now, but as the hydric crisis deepens we might see a need for government to step up. I think a problem is that, if you have a market-first approach you run the risk of the businesses growing so large and powerful that when you do need to intervene, it has become an impossible task. This happened with banking, it is happening with consulting in the UK and big tech in the US. Not to mention big pharma pretty much everywhere. So I think its a very careful balance of carrot and stick that the government needs to have over its industries. | ||
| ▲ | sillyfluke 2 hours ago | parent [-] | |
>if you have a market-first approach you run the risk of the businesses growing so large and powerful that when you do need to intervene, it has become an impossible task. It's also said that four companies control 85% beef market in the US, which normally should make people rather queasy I would think. | ||