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We see less of these kinds of problems the closer we are to a free market. A pure free market is not realistic, but sadly our current flavor of capitalism has h
by Fervicus 3y ago
We see less of these kinds of problems the closer we are to a free market. A pure free market is not realistic, but sadly our current flavor of capitalism has headed far away in the opposite direction.
- Ekaros 3y agoTo me it is increasingly critical to separate capitalism from free market. They have gone together for some time, but in the end capitalism aims to crush free market when it benefits the capital. State is needed to stop too much consolidation from occurring and prevent monopolies where alternatives are sensible.
- Fervicus 3y agoI don't agree. It is state intervention that causes consolidation and monopolies. A free market keeps monopolies in check.
- gitrog 3y agoThis claim is baffling to me. Are you saying without state intervention Amazon wouldn't just buy out every potential competitor or drive them out of business using currently regulated tactics?
- Fervicus 3y agoAmazon has already been doing just that [0]. It wasn't born in a world where we have a free market. [0] - https://en.wikipedia.org/wiki/List_of_mergers_and_acquisitions_by_Amazon https://en.wikipedia.org/wiki/List_of_mergers_and_acquisitio...