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Clarity comments on Open Thread, Feb 8 - Feb 15, 2016 - Less Wrong Discussion

4 Post author: Elo 08 February 2016 04:47AM

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Comment author: Dagon 08 February 2016 03:06:47PM 4 points [-]

The problem with ignoring these real humans' desires is that your buyout plan fails. You can only pay off the current shareholders, and without some form of more serious government intervention, the employees and consumers will cause NEW enterprises to replace them.

And if you're going to use the government mandate hammer to prevent that, why not just use it in the first place rather than spending the buyout money?

Comment author: Clarity 10 February 2016 05:01:07AM *  0 points [-]

the employees and consumers will cause NEW enterprises to replace them.

see small game fallacy and conjuring evolutions and your ideological assumptions begone!

The myth in the tobacco industry's economic importance argument is that a significant economic presence necessarily implies significant economic dependence. Implicit in the industry's argument is the notion that a decline in tobacco economic activity will entail a comparable decline in the economy. However, when resources are no longer devoted to a given economic activity, they do not simply disappear into thin air; rather they are redirected to other economic functions.*

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