Comment by sph

> For a market to be stable, fair, and free of monopolies government intervention is required. I don't think that fact is at all controversial.

It is. Government intervention is what creates monopolies, because economic value stops being the ultimate metric that decides which enterprise is profitable over another; because it favours one entity over another, large corporations are not valued on their financials alone, but on the strength of their political connections - which in turn enables lobbying as an effective tool.

The entire premise of free markets is that the market is the ultimate judge of value. If you add the government and its heavy hand on the scale to the mix, it is no longer a free market. It’s pretty simple.