4 ms·
Are you proposing the abolishment of the market?
by ap99 10mo ago
Are you proposing the abolishment of the market?
- saubeidl 10mo agoYes. A mechanism that rewards the greediest and most ruthless is not a good basis for building a society.
- CalRobert 10mo agoMarkets tend to emerge where there are people who have some things while wanting other things
- saubeidl 10mo agoWhen something emerges, you can either embrace it or you can fight it. When a cancer emerges, one doesn't usually embrace it. I suggest we treat markets the same way.
- orphea 10mo agoWhat is an alternative and why do you think it would work?
- zimza 10mo agoBrother, writing something like this on EnlightenedCentristNews is a dead end, trust me.
- 1718627440 10mo agoFighting that people can decide what and how they want to sell and buy, results in a society I don't want to live. To enforce it you will eventually free the people from a bunch of other decisions, as they strangely refuse to follow your great ideas. What the problem is, is the asymmetry in the market, not the market itself.
- saubeidl 10mo ago> What the problem is, is the asymmetry in the market, not the market itself. Markets are inherently asymmetrical. The problem is a core feature of the system.
- 1718627440 10mo ago> Markets are inherently asymmetrical. Citation needed. A healthy market has so many sellers and buyers that no side can force a price above the other. Think your local bakery or butcher. In a healthy market profits are nearly zero.
- saubeidl 10mo agoAny market inherently results in consolidation. My local bakery is a giant chain. My local butcher has been driven out of business by supermarket chains.
- 1718627440 10mo ago> My local bakery is a giant chain. That's not what I would call a local bakery. Or are they making bread there? > Any market inherently results in consolidation. Only when you can undercut prices through scale. There are of course baking shops here as well, but they just don't have the quality of a real baker.
- saubeidl 10mo agoThat is exactly my point. Local artisan bakers are being priced out by crappier quality baking shops due to their economy of scale. The market optimizes for the cheapest slop made by the biggest conglomerate, the opposite of what I want.
- 1718627440 10mo agoAnd yet that is a problem of the past twenty years while we had markets for centuries. The concept of markets doesn't seem to be the problem. If you say we need more regulation and an actual Antitrust Division that does things, then I agree. If you say we need to get rid of free markets and capitalism and return to socialism, then I am strongly against that.