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So why doesn't one exist? The whole idea of free market capitalism seems to fall apart when one examines any of the necessary assumptions in any real detail.
by minikites 6y ago
So why doesn't one exist? The whole idea of free market capitalism seems to fall apart when one examines any of the necessary assumptions in any real detail.
- lotsofpulp 6y agoYes, it’s very possible that the barriers to entry are effectively impossible to conquer at some point due to complexity of products and network effects, and therefore due to a lack of sufficient sellers and buyers, a free market doesn’t exist.