2 ms·
Problem is, free market is not a panacea. You can't say well if thing X is free market then it would exist. First free market is an illusion that probably neve
by Ygg2 13y ago
Problem is, free market is not a panacea. You can't say well if thing X is free market then it would exist.
First free market is an illusion that probably never existed unless you count the really rudimentary communities. The laws that make a free market a non-free market aren't bad, like banning child labor or reducing work hours to 40, etc.
Second even in free market you can get monopolies, once all players consolidate or make deals. Then you lose any benefits of free market if paying to hush your competitors is lower than R&D.