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I suspect there is no such thing as an ungamed "free market." The phrase reminds me of apologists that talk about "communism done right, in theory," in response

by a3n 7y ago

I suspect there is no such thing as an ungamed "free market." The phrase reminds me of apologists that talk about "communism done right, in theory," in response to condemnation of communism as practiced. We rank and file are just resources for those who game whatever system we find ourselves in.

beat 7y ago
As Peter Thiel pointed out, in the idealized frictionless free market of politicians and economists, profits are driven to zero. The market is only profitable when there is friction.