4 ms·
> The free market dictates that products will survive on their merits Huh? That's certainly not what the free market dictates at all. There's no sense of "meri
by Karrot_Kream 7y ago
> The free market dictates that products will survive on their merits
Huh? That's certainly not what the free market dictates at all. There's no sense of "merit" imbued anywhere inside anything in the free market. There are assumptions behind the shapes of the supply and demand functions (namely convexity) and a belief in price signaling information. That's all.