Comment by gwerbin
10 days ago
The funny thing is that textbook economics has all of the answers about why laissez-faire market economics doesn't work as a foundation for economic policy. It's almost as if it's never been about making good policy and always about doing whatever is best for big businesses and the small number of wealthy people who stand to gain the most from minimizing consumer surplus.
totally. In fact the current monopoly-coddling dispensation is antithetical to market economics, which clearly espouses real competition. It's kinda been coopted and hijacked.