also, feedback is more granular by several orders of magnitude. In a political democracy we roll up every single issue (including mutually contradictory ones) into a bundle of policies, multiply that by an uncertainty factor of the personality of the person you are voting for, and then a fraction of us actually turn out to make the decision.
Meanwhile in the market I can decide down to the level of "no, these oranges aren't sufficiently orange-y for me".
I'm no market fundamentalist, mind you. I'd rather find ways to make the public sector more responsive to public feedback than through occasional elections.
Meanwhile in the market I can decide down to the level of "no, these oranges aren't sufficiently orange-y for me".
I'm no market fundamentalist, mind you. I'd rather find ways to make the public sector more responsive to public feedback than through occasional elections.