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You're using "free market" when you mean "competitive market". There are very many free markets that are not competitive. The primary goal of companies sellin
by jellicle 10y ago
You're using "free market" when you mean "competitive market". There are very many free markets that are not competitive. The primary goal of companies selling a good or service is to reduce competition to minimal levels, as that allows maximal profits.
- djschnei 10y agoI think that analysis of free market stimuli proves an inherently flawed understanding of the free market. In reality, there is not a single free market industry that is protected from disruption. The very possibility of disruption is a competitive stimuli. The ONLY circumstances of non-competitive marketplaces occur with coercive enforcement; this includes things like organized crime controlled black markets and government protected/orchestrated industries. https://yourlogicalfallacyis.com/personal-incredulity https://yourlogicalfallacyis.com/personal-incredulity