In education, it’s extremely hard to figure out what’s good or bad. Parents make the decision on providers but don’t experience the service, decades pass btw the service and the payoff, educators can use propaganda on kids w/o parents knowing... massive info asymmetry [13/
What is socialism then? It’s when the community as a whole is the producer in a market. Where else, besides violence, is it useful? Let’s look at 3 typical socialist markets: education, healthcare and pensions [12/
Capitalism vs socialism, markets vs gov... Most ppl think 1 is great and the other trash. That’s simplistic. They’re tools adapted to different situations. We must understand them to know when to use them. Thread. [1/