Post #4118689

Even if it worked it wouldn’t. Neoliberals and free-market advocates will tell you that competitors would rise up if there were no regulations. But some industries (like silicon and microchips and other advanced tech) are just impossible to breakthrough without years or decades of setting up and operating without profit vs current players. And those current players, given no market regulations, will still use their money to do anything possible to stifle upcoming competitors or buy them out. The dream of capitalism was born pre industrial age, under models of “apples sold at the farmers’ market”. The reality is we have advanced a lot and need mixed economies to keep things fair for most people.