Hacker News new | ask | show | jobs
by AndrewKemendo 3283 days ago
it has one principle, a regulated free market.

And I'm saying that not only does the government have a terrible track record, there is no evidence that this actually makes any difference to competition. All it does is show that the government can throw their "weight" around.

Nothing in the historical record of antitrust should make us confident that the court’s dismemberment of one of the most successful companies in history would increase competition.[1]

[1]https://www.brookings.edu/opinions/if-it-aint-broke-dont-bre...

1 comments

I'm against a free market precisely because the governments of Europe have a great track record in the periods they've adhered to "true" labour/socialist values. Universal healthcare, universal access to education, help with housing, regulations on the labour market - all things that have greatly improved lives of consumers.

Centralised power generally means a departure from direct democracy, and that's one reason why I'm not a fan of the EU.

For a great view into why a regulated market might just be better than an unregulated one, have read of:

https://www.amazon.com/Gangster-Capitalism-United-Globalizat...