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> according to free market theory Not once in the history of tech “the free market” has succeeded in preventing big corps or investors with lots of money from
by isodev 11mo ago
> according to free market theory
Not once in the history of tech “the free market” has succeeded in preventing big corps or investors with lots of money from doing something they want.
- AlecSchueler 11mo agoI'm actually leaning towards the above comment being satire, it's hard to believe anyone on HN could believe in a free market in 2025.
- 1718627440 11mo agoThis is yet again confusing a free market with an unregulated one. A free market is a market, where all costs are included (no external costs), so that market participants can make free decisions that will lead to the best outcome. To price in all external costs, regulation is needed.