>At least in the free market inefficient companies will eventually go defunct which frees those resources for more economically useful output.
ha ha. you mean like in 2008 and 2009, the great recession (1), the subprime mortgage crisis (2), etc., and then things like:
(1) the great recession
(2) the subprime mortgage crisis
TARP:
https://en.m.wikipedia.org/wiki/Troubled_Asset_Relief_Progra...
terms floating around at that time, like:
"privatize profits, socialize losses"
"too big to fail"
etc.?
what happened to lehman bros, bear stearns...? The worst companies did fail. You would never see that in the government
Governments fail too - every four years (US), sometimes, or some multiple thereof.
thats not the government failing, its a political party failing. The administrative state remains intact.
both your sentences are bullshit. I am too busy today. will prove that tomorrow. meanwhile, chill, or warm, depending on your climatic zone and other factors.