logoalt Hacker News

bubblethink • today at 5:13 PM • 7 replies • view on HN

The nice thing about these types of questions is that the market is very good at finding who needs what; we don't need a central planning committee.


Replies

howunfortunate • today at 5:16 PM

The market IS very good at that, what it's not good at is handling externalities for citizens of a country that arise from taking the most efficient market path.

Zigurd • today at 6:22 PM

Cool theory. But there are confounding factors: H1B employees get exploited like a species of indentured servants. Lazy managers like that they are compliant and happy to implement stupid ideas.

ethbr1 • today at 5:19 PM

> we don't need a central planning committee

Ironic phrasing, as in my experience the steelman argument in favor of these companies is "The customer is really bad at thinking through their own requirements."

➕ show 1 reply
mckn1ght • today at 5:16 PM

Is it though? Markets may be perfect, but humans are not. There’s plenty of laziness, incompetence and corruption, even in capitalism.

I guess it’s the least worst option we’ve found. That doesn’t mean it doesn’t need any guardrails at all though.

➕ show 1 reply
DANmode • today at 5:16 PM

I agree that we don’t need a central planning committee.

But if you’ve ever worked with the public, you know there is almost no cultural onus on nontechnical people to properly hire or contract technical people for technical tasks.

So…no: The market isn’t very good at this - yet.

➕ show 1 reply
vrganj • today at 5:25 PM

> we don't need a central planning committee.

That is an ideological creed, not a fact. It might be true, but you're just smuggling in your priors with no evidence.