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by bkirkby
809 days ago
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the "control" of a "weighted control economy" is usually enforced through government (including those politicians you reference). so when we bring in more government then it's less free market. how close we are getting to a free market depends on who is in power and calling for reduced government intervention/regulations for businesses. as far as control of media, traditional media is becoming increasingly irrelevant and when free speech is allowed on social media the economy becomes more free. and small players seem to disrupt all the time. openai being the most obvious recent example. twitch being another notable example before that. i usually don't respond to distracting personal questions, but your use of bicameral confused me a little. did you mean to say binary? |
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It is extremely common for large private firms to have weighted control in an economy. Sometimes their control is bolstered by government and sometimes it is hindered by it. But in a completely unregulated market it would be common for monopolies to pop up which could then control large sections of the economy. There simply is no simple linear relationship between "free markets" and government intervention.
> when free speech is allowed on social media the economy becomes more free
Sadly the loudest "free speech proponents" who run social media firms are actually just interested in allowing the speech they want. They will still do everything they can to limit the speech of those they disagree with.