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0 pointswackget2y ago0 comments

"The free market" will always result in:

* Companies doing what's best for their profits; not what's best for people. * Companies becoming so large that they are literally impossible to compete with. * Customers choosing what's cheapest and/or most convenient for themselves, regardless of human/societal/environmental cost.

Defending this concept of a "free market" is an excuse for saying "making money in a way which doesn't hurt the world is too hard for me so let's not even try".

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monero-xmr2y ago

Why have the biggest companies on earth risen and fallen? And sometimes risen again? What seems indestructible now, may be a failure in 10 years.

Blackberry, Kodak, IBM, US Steel, Blockbuster, Direct TV. These companies are far smaller proportionally to what they once were. No one considers them empires, or on the cutting edge.

Hand waving away the free market as corrupt ignores the perfect track record of capitalist societies vs. every other single system ever tried.

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