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> It's actually against free market. Precisely. And that is a good thing. Why do we like the free market? Because it has proven to be able to drive innovation
by usrbinbash 4y ago
> It's actually against free market.
Precisely. And that is a good thing.
Why do we like the free market? Because it has proven to be able to drive innovation, increase standard of living, and make life, in general, better.
But the free market also has problems, that need fixing. If these problems remain unfixed, they grow, and choke the things we like about the free market out of it.
The concentration of power and control in a few entities, and the subsequent effects these entities have on the rest of the market is one of these problems. And anti-trust exists precisely to reset this problem to a manageable state from time to time.
The free market is a great system. It's fair to say that it's currently the best system we know how to run the economic side of a society.
But it's also not a perfect system, and, like every imperfect system, it cannot be left running unchecked. Even the best server requires maintenance from time to time. If it isn't done, it stops working at some point.
- SettembreNero 4y ago> Why do we like the free market? Because it has proven to be able to drive innovation, increase standard of living, and make life, in general, better. [citation needed], especially in environmental terms and for countries outside the first world
- diegoholiveira 4y agoCountries outside the first world usually doesn’t have a free market system in place.