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>The historical reality is the more free a free market is, the better it performs. Citation VERY MUCH needed. A free market leads to monopoly and abuse. It do
by Arainach 2y ago
>The historical reality is the more free a free market is, the better it performs.
Citation VERY MUCH needed. A free market leads to monopoly and abuse. It does not lead to competition, it does not lead to better long-term results, it leads to corruption, market capture, and oppression.
- WalterBright 2y agoThe United States, postwar Japan, postwar Germany, Hong Kong, Taiwan, S Korea, China, and so on. How do you explain the scores of millions of people that came to the US, and still come, if the US free market is a hellhole of monopoly, abuse, corruption, and oppression?
- Arainach 2y agoThe united states during its periods of greatest growth as well as the other environments you called out had strong regulatory environments to keep "the market" in check
- WalterBright 2y agoI suspect you may be thinking that a free market is anarchy (no government). It isn't.