Post #2491547

@RaymondPierreL3@aus.social When markets fail it seems to me that a government has two options: 1) Provide their own competition. Either set up a department to build housing, or commission houses from the existing builders. The first is typically not very satisfactory as you end up with large numbers of identical buildings which become undesirable places to live. (see Canberra in the early days) and the second can lead to corruption. Neither of these would survive a right wing government in any useful way. 2) The other option is to encourage more competition. A possible way would be to use the taxation system to penalise those with too large a market share. Use the taxation system to make it financially attractive to split your company. I suspect a market share tax would solve a lot of the problems of capitalism in a democracy.