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In a free market, you aim to increase your market share and push out your competitors. That's how monopoly are formed. Not by some perversion of the "pure" prin
by vhantz 2y ago
In a free market, you aim to increase your market share and push out your competitors. That's how monopoly are formed. Not by some perversion of the "pure" principles of the free market, but as a logical outcome of it. Turn back the clock to whenever you want in the course of capitalism, the same conditions with the same logic will drive you back to the same results.
- spencerflem 2y agoI agree, but theres historical examples of markets in non-capitalist systems. Graeber's Debt makes a fun point that the two are at odds even, because like you say, capital really wants monopolies, which is the opposite of a free market. So by extention, if you support a free market you must on some level reject capitalism.
- spencerflem 2y agoI find it interesting and somewhat relieving how many normal people are 'pro capitalism but anti shareholder'. Which means that its mostly an outreach and organization problem. If you are anti-shareholder you're by definition anticapitalist but you just don't know it yet. Which is why the powers that be have to pass things like this: https://www.govtrack.us/congress/bills/118/hr5349/text/eh https://www.govtrack.us/congress/bills/118/hr5349/text/eh to keep people confused, and to conflate being opposed to shareholders (capitalism) with support for authoritarianism etc.