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> I'm generally an avid beliver in free markets as an agent for positive change, so these types of "revelations" are really disheartening > What are the soluti
by nawgz 5y ago
> I'm generally an avid beliver in free markets as an agent for positive change, so these types of "revelations" are really disheartening
> What are the solutions to this?
Not believing in propagandist fairy tales? The "free" market is clearly a lie, it's a false front around capitalists seeking to maximize profit based in the regulatory framework(s) that government(s) have stood up. These frameworks aren't respected for their actual spirit either, instead exploited to their literal letter at every moment.
To see someone on a logical forum like HN espouse a childish idea like "the free market will make an efficient solution", with none of the subtext that the solution is exclusively to the problem of making money, just shows how effective that propaganda is.
Instead, acknowledge reality: incentives control actions, and capitalist incentives exclusively are to make money and control markets. Captive markets make more money, so they will work towards aspects of the regulatory frameworks that they can use to keep others out.
There is no goodwill from corporations. There is no environmental concern from corporations. There is no concern on social impact from corporations. There are no morals in corporations. There is profit maximization techniques and nothing else.
The free market has seen capitalists destroy our world with barely an impressive invention along the way.