6 ms·
The events of the past 12 months, culminating in Venezuela and now Greenland, has made me reevaluate a lot of my beliefs about unimpeded competition between fre
by hliyan 9mo ago
The events of the past 12 months, culminating in Venezuela and now Greenland, has made me reevaluate a lot of my beliefs about unimpeded competition between free agents (i.e. a free market) leading to the best and most peaceful outcomes. Clearly, a few participants becoming disproportionately powerful is a failure mode.
The way I've tried to reconcile my beliefs with what are clearly contradictory observations in the real world is: markets/competition are dependent on a substrate of social contract, and that substrate must precede market dynamics and must not be subject to them. When market dynamics leak into the foundation on which the market is built (the social contract, culture, law, norms), then the system starts moving toward raw competition, which is the same as war. Which is what I think what's happening now.
- deleted 9mo ago[deleted]
- renegade-otter 9mo agoThat's right. Entities must be acting as CITIZENS, first and foremost, bound by laws, norms, and shame. Shame, the glue of civilization, as I call it, is quickly disappearing. The Nothing Matters LOL world is bound to decompose.
- hliyan 9mo agoI wonder whether this is a side effect of the self esteem movement, and the whole "don't care about what others think of you" ethos.
- simgt 9mo agoIndividualism is the word. Adam Curtis' "The Century Of Self" is nice to watch on that topic, it's always available on Youtube somehow.
- card_zero 9mo agoConformity sucks though. The trend of attacking individualism is creepy.
- krapp 9mo agoIndividualism is just a polite word for selfishness and a lack of empathy, and it's at the root of many of America's cultural and political problems. We're supposed to be a nation, not 300 million cowboys suffering the indignity of one another's trespass. We can't even fix our basic infrastructure because no one wants to spend their taxes on anything that benefits anyone but themselves. We can't have decent healthcare because it would be "socialist." But we'll shoot each other in the streets because nothing projects individual power more than a loaded gun.
- card_zero 9mo agoIt isn't, though. Individualism also means things like dying your hair green and being generally fun and original. You can say "selfishness" instead, it's a perfectly good word, and there's no reason to worry about being impolite ... unless you're conforming.
- renegade-otter 9mo agoThere is a way to be a cohesive society without being assholes to each other. The United States somehow managed that before - more or less. I would not blame "individualism" directly, but we ARE in a timeline where a lot of people strive to be the worst versions of themselves. Sounds like a copout, but I do insist that many of modern ills can be traced directly to the cancer that is social media. Monetizing rage cannot end well.
- krapp 9mo agoI suspect that the US managed its cohesion by keeping everyone but white straight Christian protestant men far from cultural and political power. It's easy to be cohesive when everyone looks, acts and thinks like you, and when the white establishment controls the media and sets cultural norms. Not that I'm advocating for a return to this at all - there are examples outside of the US where multiculturalism works. It just seems to be the case that the US has never really been comfortable living by its principles. And this is one part of society's ills that I will kind of blame on social media, although not in the way you and a lot of HN people intend. I think a lot of the strife in our modern society comes not from social media algorithms driving outrage so much as other groups simply being able to gain visibility as the centralized media establishment gave way to the far less centralized structure of the web. To people who have grown up their entire life with only rare, token (and often stereotyped) representation of other races, religions and orientations, equality can seem like oppression. But I do think that blaming social media is kind of a copout, because the argument tends to be that people are being manipulated and controlled by an addiction or a form of mind control, as if they don't have agency or free will. A lot of the discourse around social media right now seems to use the same hyperbole that one might have seen during the Satanic Panic, or any number of previous social panics. But I don't think social media is the problem per se (nor do I think regulating social media would be an effective solution.) I think the problem is what social media exposes in society - exposes, not creates. That's a far more difficult problem to solve because it means reconciling with some deeply systemic issues that a lot of people still don't even want to admit exist.
- ivan_gammel 9mo agoEntities acting as citizens is the exact failure mode of USA. They are not citizens, they are objects of regulation.
- renegade-otter 9mo agoSo are the citizens. Don't get me started on "corporations are people" bullshit. I use "citizen" with a much deeper meaning.
- ivan_gammel 9mo agoCitizens are subjects, they have active voice. You may mean something deeper, but others will happily support only the “active voice” part. Corporations must not have it. But in certain sense you are right. Corporate management should behave as citizens, and their citizen duties must be superior to their duties to shareholders.
- cmurf 9mo agoCorporate charters require companies follow the law and make profit. Beyond following the law, what are citizen duties? Public benefit corporations seem to go nowhere far enough. And I wonder if the language is intentionally vague at the outset. For example: https://www.sos.state.co.us/pubs/business/FAQs/pbc.html https://www.sos.state.co.us/pubs/business/FAQs/pbc.html
- ivan_gammel 9mo ago> Beyond following the law, what are citizen duties? Simple example: let’s say there’s an environmental law preventing corporation to make more profits. The good citizen should not try lobbying to repeal this law, even if this would be perfectly legal and lead to better outcome for shareholders. If CEO acts as good citizen and refuses to follow advice of the board and take this route, this should be legally defensible position.
- 9mo ago
- hahahahhaah 9mo agoAlways has been. Big powers have always been meddling in other nations.
- arethuza 9mo ago"The strong do what they can, and the weak suffer what they must" Thucydides
- polotics 9mo agoSure, the Melian order of the world is something one could consider as always there. Still, how much of Thucydides still applies when cheap drones, nuclear MAD, and environmental tragedy-of-the-commons are taken into account? https://www.rand.org/pubs/commentary/2025/04/the-realists-grand-experiment.html https://www.rand.org/pubs/commentary/2025/04/the-realists-gr... ...
- nayroclade 9mo agoTrue, but after this led to the disasters of WW1 and WW2, there was a genuine international effort to constrain it. Of course, it was a deeply imperfect system, especially with the cold war going on, but it was still an improvement on the naked imperialism and genocide that preceded it. Unfortunately, it appears we're rapidly regressing to the former situation, except this time with atomic weapons.
- throwaway132448 9mo agoThe vast majority of people aren't empathetic enough to learn from experiences they didn't live through themselves. Yet I'm still surprised that the death of the living memory of WW1 and WW2 would take effect this quickly.
- 10xDev 9mo agoThe problem is that people aren't effectively taught about the lead up to these wars as much as they are of what happened during them. At least that was my experience when I was taught about them in class. People don't have a proper reference point of what is currently happening. Once a war starts it is already too late.
- owebmaster 9mo ago> The way I've tried to reconcile my beliefs with what are Why are you doing this "effort" to alienate yourself in place of blaming the country and government responsible for this?
- hliyan 9mo agoBecause I believe that causes of events are other events, and not objects. To blame an event (or a series of events) on a person (or a group of people) is a premature causality sink (e.g. "Why did X do evil thing? Because X is an evil person" -- this is not an explanation, it just puts an end to rational inquiry).
- throwaway132448 9mo agoAll "free market" ideals require no/low barriers to entry in order for the market to be "self regulating". Said absence of barriers to entry almost never exists, hence the idea of completely free markets is completely naive - you need regulation. Markets also cannot account for externalities. If those externalities are something you care about (e.g. the environment you live in) - you need regulation. Economies of scale abound in most markets, and this tends towards monopolies and regulatory capture. If you don't want monopolies, because you value your freedom as a consumer - you need regulation. This is very basic economics - I wish it was more widely taught.
- Rainbooow 9mo agoIs it really basic economics that free market leads to monopolies? I thought this is not something where there is a strong consensus about ; free market advocates will actually argue that this is regulation that leads to monopolies.
- hliyan 9mo agoYes, there's an entire body of work, starting with Ayn Rand, that vehemently argues that government interference in the economy is what leads to monopolies.
- throwaway132448 9mo agoThere are entire bodies of work that argue against the heliocentric nature of the solar system - that doesn't make them credible or relevant.
- Eddy_Viscosity2 9mo agoand that the earth is flat.
- oneeyedpigeon 9mo agoThe person you're replying to was using an example to show how there isn't consensus, they weren't saying they agree with Ayn Rand. In fact, given their tone, if I had to make I guess, I'd say they disagree with her take.
- oneeyedpigeon 9mo agoYup, markets need regulation.
- haritha-j 9mo agoPerhaps we need the equivalent of the concept of anti-monopoly regulations on an international scale.
- andrewinardeer 9mo agoWho on earth is going to police and enforce this? The UN? At this point they are just performative theatre.
- blackbear_ 9mo agoI had similar thoughts, and my conclusion is that competition is an inherently unstable state of affairs: at some point somebody wins, and they will try very hard to prevent any further competitors from arising. Indeed, competition is undesirable for all participants involved: everybody wants to win and exploit the rest for their own gain. Note that this is the only way to make competition work and result in its temporary benefits (if nobody wants to win, nobody will compete). So there must be a system to keep the competition going and preventing the rise of a definitive and exploitative winner, and the existence of this system has to be accepted by the competitors. But why would serious competitors accept a system that prevents them from winning?
- energy123 9mo agoI've arrived at the opposite conclusion. The root cause of conflict is decentralized power, which is the prediction of realism. Conflict occurs because of security competition, but security competition is only possible when powers are equally matched and trapped in a Prisoner's Dilemma dynamic. You can sense check this by running through various historic eras. Consider the eras before any nation states, when power was at its most decentralized. That was also when conflict deaths were at their peak due to tribal warfare. Then move on to the era of kingdoms and then nation-states, and conflict deaths decrease because power centralization increases. Intra-national conflict goes to zero because of a monopoly on violence over that local geography, leaving only inter-national conflict in the structurally anarchic power vacuum. The peace of the 90s was because the United States was completely dominant and had no reason to do anything because it controlled everything. As the United States declines and power decentralization increases, moves such as denying China access to oil from Venezuela become actions that are deemed necessary in the new security environment. Or a clash between Thailand and Cambodia becomes a thing that can happen, because there is an absence of a big dog to lay down the law, as unjust as that law may be. The analogy would be a country with multiple privately owned police forces and no single power. You're going to get conflict. It's a structural phenomenon of how power vacuums work when you plop humans inside of them, and it has nothing to do with morality or markets.
- hliyan 9mo agoThis is an excellent counterargument. I was stumped for a bit until I noticed that your argument introduces a new variable that changes the equation: number of conflict deaths. Theoretically, it is possible to have a system of perfect enslavement where the number of conflict deaths are zero. But in such a system, low conflict deaths are a poor proxy to quality of life.
- maxerickson 9mo agoIn the last 100 years, we managed to prove that cooperation beats competition. Of course we do have competition, but where it has worked the best, it has been done in the context of cooperation, economic trade that follows norms and laws. Too bad we gave stupid people power.
- jorl17 9mo agoI am in the exact same camp. My belief in free markets has been completely shattered and my political stance on several subjects has changed dramatically over the last years. I no longer believe in the free market at all. Of course this isn't the result of a single isolated event. Our lives are poems that constantly re-write and scrutinize themselves after all, like living ink that breathes new pages anew. But if I had to pinpoint one very specific period with a very measurable effect on my position it was the whole Elon Musk saga (DOGE+"heart salute"). A lunatic billionaire seemingly doing what he wants, rewriting narratives, making up facts, history, and saying things which were so evidently false, and showing up next to a president as if he were himself president, never having been elected, was shocking. I used to really believe that "money followed what was good for society". There would be outliers and some noise, but overall these would be well correlated. I now look back and wonder how absolutely naive of me that was. Billionaires should not be allowed. They are a disgrace to the system. It's actually vile and disgusting to have them in our society. I'm not an american and I used to dream of going to the USA, perhaps even living there. I now want to stay as far away from it as possible, and view the supposed american dream as either a past reality or effective propaganda I bought into previously. Maybe that's better for america and it's what they need to grow, who knows.
- omnimus 9mo agoIf anything it is crisis of elites in US. Since the second world war US has held dominant hand over its subjects (most of the world). But the elites were always smart enough to hide the amount of power, they marketed US well and understand to negotiate somewhat fairly and give some scraps to the rest (allow creating some elites in other countries). It was a straightforward deal. But now the elites in US are just not very smart or savvy. Introduction of the tech class that are people who simply won a lottery (or scammed their way up) and are otherwise absolutely arrogant and clueless about the world. The deal just can't work anymore. It can't work because there is no deal with someone who thinks they deserve everything. The balance is off and you are now dealing with children with golden toilets OR self mythologizing guys whos deepest political analysis come from few scifi books they've read 20 years ago.
- MrGilbert 9mo agoWhen I was young, back in school, I asked my teacher why the main purpose of a company is to grow. Their response was: "Because it has to be." I don't think we need unlimited growth. Or, better: We CANNOT have unlimited growth, because there is a natural limit to the resources that are available. We, as a society, should do better than this. And that is what worries me: The sheer ignorance (or unawareness?) people have about their surroundings. I'm not sure if it is malicious, or just a coping strategy. But instead of looking into the real cause that lead to certain events, be it the environment, economical or political, people quickly blame minorities for all the bad that is happening, breastfed by the narrative that people like to repeat over and over again - "because it has always been like that". For the longest time, I tried to counterargue and explain, why certain things are the way they are, and offered another perspective. But ears have become deaf, more than before. I'm tired.
- versale 9mo agoWell, a company has to grow. If it doesn't, it'll be devoured by those who do and show pleasing YoY metrics to their shareholders and prospective investors. Simply imagine you are an investor. Which company would you put your money in? And since the world is limited a company cannot afford not growing if it wants to survive. Government regulation is impossible, because there are other governments which happily let their companies to grow and outcompete foreign companies.
- esseph 9mo agoMaybe that very shareholder market is the problem.
- layer8 9mo agoCompanies don't need to have shareholders.
- R_D_Olivaw 9mo ago* But plants need electrolytes to grow?! It's what they crave! *
- wartywhoa23 9mo agoSo the only solution to this current manufactured political clown shitshow is a one world government, which is exactly the goal of the scenarists behind it. We'll see much worse chapters of this shitshow before the last spectator admits the fallacy of dismissing this as a conspiracy theory.
- benrutter 9mo agoThis is a really interesting take, I've been thinking very similarly. I think there's a tendency to think of 'free markets' as having a lot more scope than they do - almost no countries allow free markets to determine the flow of people and restrict who can enter the country in some way. Similarly, nobody suggests the free market is a good way to regulate child labor.[0] Especially in the US, there's a been a rapid erosion of other power structures like democracy, law, unions, etc that might serve as checks or balances against raw material interest. I think 'capitalism' often gets misclassified as 'pure competition', but it's probably better thought of as 'pure competition through regulated trade'. Pure competition, with no regulations to define a market, sounds more to me like what predated the industrial revolution (something more along the lines of feudalism) [0] I took both these example from Ha-Joon Chang's Economics a Users Guide.
- logicchains 9mo ago>The events of the past 12 months, culminating in Venezuela and now Greenland, has made me reevaluate a lot of my beliefs about unimpeded competition between free agents (i.e. a free market) leading to the best and most peaceful outcomes. What have markets got to do with it? For as long as humans have been recording history, states have been annexing weaker states, regardless of economic system. It's absurd to blame free markets for this.
- thrance 9mo agoThey led to the rise of powerful oligarchs who now very obviously steer the country (and the world) in a violent direction that I don't believe benefits many, except themselves of course.
- pjjpo 9mo agoThere's capitalism and then there's communism. Both have proven to not work which leaves us with... Countries are bad but even the sci-fi authors know the only way to change this is literally an alien invasion. Until then, instead of expecting good from our governments (wherever we live) shouldn't we just assume the worst and go from there? Since switching to that mentality life has been much more pleasant personally.
- card_zero 9mo agoYou're comparing one leader sending special forces in to capture another leader to a free market? That's not a market, it's a brawl. Markets take place within civil societies. "Raw competition is the same as war", well OK, but that's got nothing to do with trade.
- ncr100 9mo agoStephen Miller's very recent Jake Tapper CNN interview adds evidence to the argument POWER is king and LAW is nowhere near as important.. to his .. ahem .. the Trump administration. So, it'll continue to be reality, for as long as Trumpism reigns in USA.