Comment by amelius
8 hours ago
A free market is like an OS without memory protection. Every process can scratch in memory everywhere they want. Some may like it, but for most people it's just terrible.
8 hours ago
A free market is like an OS without memory protection. Every process can scratch in memory everywhere they want. Some may like it, but for most people it's just terrible.
That's a deregulated market. A free market is more like an android phone (minus developer ID verification) where everyone gets a space, you can do what you want in your space, you can't intrude on others' spaces without consent, and the market is formed and boundaries are enforced by some higher power who is not part of the market and is out of reach of all market participants.
Or, you know, any actual market. Where I can sell whatever I want from my stall but I can't sabotage other people's stalls.
> Or, you know, any actual market. Where I can sell whatever I want from my stall but I can't sabotage other people's stalls.
Oh, if you sell in your stall oranges at 10c box, with plenty of stock, you will sabotage the other stall selling fruit. And you can do that because your actual business is another one.
But you don't because you don't have the money to afford infinite free oranges. If you did, you wouldn't be running a fruit stall.
Yes, that's why we need regulation.