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That what companies do in a free market. They all try to become a monopoly.
by blks 7mo ago
That what companies do in a free market. They all try to become a monopoly.
- sph 7mo agoYou cannot call it a free market if government lobbying exists and is the primary tool for establishing monopolies. Nor you cannot call it a free market if the government is allowed to favour or penalise one entity or one sector over the other. I know words don't mean anything these days, but there is no angle in which you can call modern economy a free one.
- cherry_tree 7mo ago“a real free market economy just hasn’t been tried” where have I heard that before?
- joquarky 7mo agoAs soon as we admit that humans are easily corrupted, the sooner we can stop finger pointing and start developing systems to mitigate the natural tendency toward corruption.
- cherry_tree 7mo agoIsn’t that free market capitalism? We assume everyone will act in their own best interest and that this results in the most efficient allocation of resources.
- blks 7mo agoThat’s just one way of becoming a monopoly. Is it a free market if there’s antimonopoly agency?
- sph 7mo agoGovernment lobbying is just one way to put a hand on the scale of the market. Legislation, incentives favouring unprofitable endeavours, etc.