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skybrian 2 days ago

Shortages can't be defined out of existence this way. Markets don't magically train workers or provide security clearances. People have to do that.

doublescoop 2 days ago | parent | next [-]

But markets can make doing those things financially worthwhile.

airstrike 2 days ago | parent | next [-]

At most, markets can show whether they are financially worthwhile.

The market doesn't have agency. It's a projection of people's preferences.

cr125rider 2 days ago | parent | prev [-]

One of the bigger problems with capitalism is that it reacts much too slowly to be a viable economic system.

tim333 a day ago | parent | next [-]

It seems to run much of the planet and can go pretty quick when there are not bureaucracies slowing it.

tekla 2 days ago | parent | prev [-]

One of the bigger problems of non-capitalist systems is that it requires whips to force people to do things they do not want to do without adequate compensation

2 days ago | parent [-]
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PunchyHamster 2 days ago | parent | prev | next [-]

They can hire people they can train. They chose not to, instead (whenever possible) whine for visas so they can steal trained professionals off less developed countries

phkahler 2 days ago | parent | prev | next [-]

>> People have to do that.

Companies can train people too.

wrs 2 days ago | parent | prev | next [-]

And yet people don't, because it would reduce quarterly profits. So one market (for equities) does kind of magically prevent workers from being trained, by not allowing rational participation in another market (for workers).

2 days ago | parent | prev [-]
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