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That only works if everyone has equal bargaining power. In the fruit-gold machine world, sure the price of gold tanks, but as long as there are people willing t
by jtolmar 9y ago
That only works if everyone has equal bargaining power. In the fruit-gold machine world, sure the price of gold tanks, but as long as there are people willing to pay more for gold than others are able to pay for fruit, the poor can't eat fruit anymore. That's bad for them.
The free market doesn't do what's best for everyone, it weighs people by their ability to pay.