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▲ financetechbro 3 hours ago

Yes but the governments sole purpose isn’t to return infinite profits to shareholders………….

▲nodrog3000 3 hours ago | parent | next [-]

So what is the government's sole purpose?

Also this is not the sole purpose of companies.. SpaceX is a trillion dollar company with 0 profit.

The free market has created everything you use the more we turn the keys over to government's the worse things get.

Companies can't get infinite profits because they will be undercut by other companies COMPETING. The government can get infinite power and control though.. they have no competition.

▲zerot_ 3 hours ago | parent | next [-]

Why are you pretending that utilities exist in a "free market" in any way?

▲nodrog3000 2 hours ago | parent [-]

I am arguing they should. We cannot afford to let the government control energy going forward.

▲stouset 4 minutes ago | parent [-]

I’m pretty sure many of us are actively unable to afford the private energy we’re having to pay for today.

▲boothby 3 hours ago | parent | prev | next [-]

> SpaceX is a trillion dollar company with 0 profit.

And it got there in part through the evisceration of NASA.

> The free market has created everything you use the more we turn the keys over to government's the worse things get.

Government funds research that has brought us such advances as moon landings, computers, and the internet. What an odd example you chose in SpaceX

▲nodrog3000 2 hours ago | parent [-]

The SpaceX example was to demonstrate how profits aren't the sole goal of companies.

Yes after the monopoly of NASA ended we now have several real space companies doing real advancement.

I personally have never used one of these "government computers" have you?

▲stouset 3 minutes ago | parent [-]

Maximizing value to shareholders is a literal legal obligation of public companies. A company being unprofitable today does not mean they are not seeking to be highly profitable tomorrow.

▲vrganj 3 hours ago | parent | prev | next [-]

> The free market has created everything you use the more we turn the keys over to government's the worse things get.

This might be your personal ideological creed, but it is not a self-evident axiom you can just assert with zero backing.

> Companies can't get infinite profits because they will be undercut by other companies COMPETING

Then why haven't they?

> The government can get infinite power and control though.. they have no competition.

Are you aware other countries with their own governments exist?

▲nodrog3000 2 hours ago | parent [-]

> This might be your personal ideological creed, but it is not a self-evident axiom you can just assert with zero backing.

Give an example of something the government does better than the market?

> Then why haven't they? Give an example where they haven't?

> Are you aware other countries with their own governments exist? And they all lose the most free market America? Why would we do more like them?

▲AngryData 2 hours ago | parent | next [-]

> Give an example of something the government does better than the market?

Roads, electricity, water, heathcare, pensions, public transportation, and social services.

▲vrganj 2 hours ago | parent | prev [-]

> Give an example of something the government does better than the market?

This thread's topic, for starters?

> Give an example where they haven't?

This thread's topic, for starters?

> And they all lose the most free market America? Why would we do more like them?

I'm not quite sure what you're saying here, could you rephrase?

▲duped 3 hours ago | parent | prev [-]

> So what is the government's sole purpose?

To establish justice, ensure domestic tranquility, provide for the common defense, promote the general welfare, and secure the blessings of liberty.

> Also this is not the sole purpose of companies.

Friedman disagrees.

> The free market has created everything you use the more we turn the keys over to government's the worse things get.

Which is why we have never needed government regulation of things like food, air, water, shelter, work safety, accessibility, or anything else. The free market provides.

> The government can get infinite power and control though

Which is why in a free society the government is answerable to the people.

▲nodrog3000 2 hours ago | parent [-]

[flagged]

▲maerF0x0 3 hours ago | parent | prev [-]

Yes. Instead they return infinite power to elites and politicians.

▲hilariously 3 hours ago | parent [-]

Your argument still applies to capitalists except we don't even get the fig leaf of a vote, so what's your point?

▲maerF0x0 3 hours ago | parent [-]

You get to vote with your dollars and choose other options.

▲triceratops 3 hours ago | parent | next [-]

You can vote for other politicians too.

▲hilariously 3 hours ago | parent | prev [-]

With the obliteration of small business you can choose to buy from the oligarchs or go make it yourself.