[TheOtherHobbes]

Markets create the illusion of choice between monopolies.

I don't like monopolies because they restrict my freedom far more than zoning codes do.

Ultimately markets are not a democratic choice. You can choose a Mac or a PC, or Amazon vs Netflix.

You (often) can't choose to join a union, to get affordable healthcare that won't bankrupt you, or to have a national policy that prioritises the needs of renters over the profits of private equity.

[mym1990]

I feel like in this case, the “Amazon or Netflix” example is particularly bad because I feel like I’m actually drowning in streaming providers.

You will also typically have the option to simply opt out, although this is getting less rare.

I think my point is that there are typically still many options, but the best options are controlled by few players.

[inigyou]

Markets used to be hundreds or thousands of people who were roughly peers and they still work well in that situation. When I go to the riverside market on Saturday to buy fabric for a project, there are 10 different fabric stalls. On this one little river bank alone! Each one of them has a different selection and they all want me to buy their fabric. This is the only thing that people used to think of as a market, and it probably does work well. Since that time, however, the term has been twisted beyond comprehension.