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> the current climate allows price increases and thus an increase in margins. I just want to point out and emphasize that this is literally saying "companies c
by actually_a_dog 4y ago
> the current climate allows price increases and thus an increase in margins.
I just want to point out and emphasize that this is literally saying "companies can raise prices right now because they feel like it." This is not how a "free market" is supposed to work.
- GekkePrutser 4y agoFree markets never work when the players get too big to fail. It happened for banks, it happened for tech and it's happening to food.
- actually_a_dog 4y agoRight. And that "when" is actually "always, eventually," because free markets create concentration of wealth (in practice, not in theory, which implies the theory isn't all that useful). So, you might as well modify this to "free markets never work in the long run."