Some great points you make in this post and I share lot of your sentiments and believe in a free market economy even though ironically I’m named after one of the biggest Marxist’s in history lol
Anyway as I was saying creating artificial jobs through taxation and federal policy only serve to create people only there for the paycheque and not otherwise motivated as we see in the private sector people wanting to build a career, create new business and push innovation
Having the government become your biggest employer by far is not ideal for any country and only serves to centralize wealth and power!
Rather than create artificial demand for jobs in government mandated sectors let the free market decide which skills are valuable and which are not!
Politicians love to sell their idealistic philosophies without practical knowledge of the implications. As a kid who dreams like this you’re told to grow up and deal with the real world but when you’re a politician we let it slide, talk about a double standard! Toddlers everywhere should be pissed
Yup, free market is good, but based on people's wants to supply them with what they want. The downside is that something could be truly revolutionary, but too far ahead of its time and die out because people aren't at that point ready for it. It has happened many times. It's too bad that people who are ahead of the curve can't be sustained by market demand and the free market has them fail :/
Oh for sure market timing is very important you don’t have to look far we can just look at MySpace and Friendster and then look at facebook! Unfortunately the free market is ruthless but just because a company goes belly up doesn’t mean it’s bad for the market on the whole!
New ideas are placed into the market, tested, reviews and refined while it may not be by the same company it’s still driving innovation which is ultimately what’s going to give us more benefits in the long run!