4 ms·
> The international free market is still supposed to work even if a country doesn't have internal free markets. Is that really the case? You mention Google but
by codethief 4y ago
> The international free market is still supposed to work even if a country doesn't have internal free markets.
Is that really the case? You mention Google but there's a reason we have antitrust laws and try to keep monopolies under control.
- metacritic12 4y agoGoogle does have a confound in that it's a monopoly. But if you take the example of a small startup, who uses profits in one department to subsidize R&D in another department, it's clear the startup doesn't have internal free markets. Or take a family, if the mother gives the nephew a lot of spending money, that's also not free markets. Yet families and startups in the US work well on the country level.