But who will build the roads? So companies have the intelligence to put cell phones in our pocket, but they wouldn't be able to devise a system to build a road from a house to a store. I think you limit the creativity of Mr. Market. And yes, you are right, people are social creatures. However, this doesn't make big government necessary. Friends, family, clubs, sports, associations, jobs, events, parades, communities all can support people's need to socialize.
RE: The Wealth of a Nation: Why Capitalism Works
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The Wealth of a Nation: Why Capitalism Works
That's not exactly what I'm saying. I'm suggesting that a lot of the infrastructure that businesses depend upon is provided by the state. I'm thinking about property rights, currency (at least until Bitcoin, but still to a very large extent), roads, etc. I don't think the market couldn't do it, but for a big part it isn't incentivized enough to do it (example: a road between two poor neighbourhoods, clean water/electricity for everyone, even if they live far from others).
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