this statement has some truth in it but is worded too strongly
you can have market inefficiencies, externalities, asymetrical information, public good, monopolies, irrational behavior, misaligned game theoretical outcomes etc that could benefit from intervention
but generally a free market is very productive and intervention should be seldom exercised
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More minnows would stay if they actually saw rewards. As it stands now, the dead followers list will continue to grow. Just my opinion.