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I'm glad to hear that, even if it's not particularly relevant to this thread, but still worthwhile hearing about. It doesn't clear up why you think a free mark
by brigandish 3y ago
I'm glad to hear that, even if it's not particularly relevant to this thread, but still worthwhile hearing about.
It doesn't clear up why you think a free market and regulations are opposites.
- Klinky 3y agoA literal free market is one without regulation. If you want a regulated market, don't call it a free market.
- fragmede 3y agoNo, that's anarchy. A free market is one where market forces are allowed to work. A market captured by monopolists and anti-competitive agreements is not free at all. Take a small market store selling product A and product B. Whichever sells more at a given price wins more profit, great. Free market forces are at work. But then (anything goes, after all) the manufacture for A comes in and says to the store owner: if you sell product B we'll firebomb your market and kill your dog. So then the small market stops selling product B. Now, the small market only sells product A and at a huge markup. Is product A actually better? Does the consumer win? Regulations are necessary so the manufacture of A can't do that and make sure that the market is actually free.
- Klinky 3y agoThat's a well-regulated market not a free market. I completely agree that regulation is needed, and better by the people than by the biggest bully in the market.