4 ms·
> is what used to be implemented no, anti-trust laws talk about abuse of monopoly power, which can only be established after years of said abuse and which leav
by fsckboy 4y ago
> is what used to be implemented
no, anti-trust laws talk about abuse of monopoly power, which can only be established after years of said abuse and which leave many of the negative patterns untouched. I'm talking about using market share itself as the metric
> "hard core" market solution
I call it hard-core because most of the arguments for "free market" solutions wind up protecting large businesses. I'm talking about making sure to subject large businesses to market forces for the benefit of consumers, whose jobs I'm not willing to protect. To put it in vulgar political terms, neither the socialist Democrats nor the capitalist Republicans would support what I'm talking about, that's how you know it's good. And it's more of a thought experiment, it's like saying "I know the answer, carbon capture!" when carbon capture is the unknown hard part, but you have to think this way to achieve a breakthrough. I'm focusing attention on the parts of the market that are failing.
> not at the expense of unemployment
you're writing patiently as if you're teaching me something (which i don't mind, i'm pedantic af, welcome friend), but unions getting higher wages at the cost of higher unemployment is standard econ 101, taught in every class everywhere, except maybe Political Economy where they talk about workers's feelings.