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by bigbadfeline 72 days ago
> Western free market doesn’t create monopolies.

To quote myself: "the Western-style free market is very keen on creating and maintaining monopolies"

Guess who's the highly influential investor, with strong connection to the WH who said the following:

"Competition is for losers".

This sums up pretty well what the free market is keen on.

3 comments

It is well known that individual businessmen often want to reduce competition, because it's best for them. That is why the government's important role in the free market is to promote competition. But just because the market is imperfect and can be captured without the government making sure that people play fair, does not mean that the free market is "a lie" as TFA claims. It means that it's imperfect, as are all human endeavors.
A participant is not the market. Competitors very famously hate competition.
> to quote myself

Okay, totally meaningless, it didn’t prove anything.