The reasoning behind market logic seems to be that if people will pay for a product, then the product is good. This is myopic at best: at most it means that the product is useful in our current suboptimal environment. Of course customers will pay for VC-subsidised rideshares in cities with underfunded public transit; of course people will resort to payday loan apps when their boss doesn’t pay them enough to survive. The ostensible success of private enterprise does not imply that private enterprise is the best way to address the underlying problems.
