[1718627440]

> beyond markets

The competitive markets is what keeps the system in check. That's like arguing for a strong government beyond checks and balances.

[p0w3n3d]

This is exactly what happened in Poland 1950-1989. We had no goods because government was too strong, too blind to see that there are stock shortages, (also goods were exported to Russia), so every person had their "kartki" - vouchers for food but there was no food. You could "buy" meat with them each week but not more often, but they were rendered useless because there was not enough meat. People were creating a second internal market and trading with each other, which in the turn was forbidden and people were persecuted. That's the communism yo

[1718627440]

And in the GDR. And I guess under all? other communistic regimes as well.

[Libidinalecon]

We also have no problem with government redistribution in practice as long as it goes to the market.

We pretend the government buying a stake in Intel is not redistribution.

It is the perfect example of how we "believe" in markets unless we believe an entity is too important to be left to the market.

INTC stock price is up so that is used "proof" this was the right thing to do because "the market is always right".