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I read an interesting take that the Free Market and Capitalism are natural enemies- in that, the ideal capitalist investment, one that makes tbe best returns, i
by spencerflem 2y ago
I read an interesting take that the Free Market and Capitalism are natural enemies- in that, the ideal capitalist investment, one that makes tbe best returns, is in the creation of a monopoly, thus subverting the free market.
We can see that today that, given the USA has largely stopped externally enforcing anti-monopoly measures, that companies grow and grow in size in a very un-free-market way.
- helboi4 2y agoFr. I find libertarians so laughable because I'm like... your ultimately free market would just lead to mega monopolies that would go from being warlords to emperors real quick. Which would immediately destroy the free market.
- Ekaros 2y agoI wonder about the real quick part. Eventually surely, but before that would it not be cheaper to affect political system so that government takes these actions by themselves, with tax money from everyone and with good loaning of money to boot. Paying for all that gear and people is expensive, better have someone else to boot the bill and then when system crashes down capture it...
- rsynnott 2y agoThis problem has been recognised more or less since capitalism was conceptualised; Adam Smith warned about it, for instance.