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A free market can't exist for long naturally. Once somebody manages to achieve lock-in, there goes your free market. It's an ideal which sort of works for comm
by dale_glass 3y ago
A free market can't exist for long naturally. Once somebody manages to achieve lock-in, there goes your free market.
It's an ideal which sort of works for commodities like potatoes, and only on the assumption that nobody manages to take over that market. That might have been the case earlier in history, but with industrialization scale confers a huge advantage. Which means the family farm can't possibly compete with a huge commercial farm, and will get gobbled up by it eventually.