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by logicchains
4098 days ago
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What other alternatives are there? Socialism? There are plenty of socialist countries, but I'm not aware of any that would prevent Apple from buying a relatively small company like that behind Foundation. Economic freedom is a scale. On one side, there's 100% freedom of exchange/ownership, pure propertarian capitalism, which doesn't exist on Earth right now. On the other side, there's pure communal communism, which also doesn't exist on Earth right now. If neither extreme nor minimal economic freedom would address the issue, how could some intermediate level do any better? |
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Simple. Both extremes concentrate power eventually (in the state or in megacorps). Somewhere in the middle, you have an open and capitalist market, but the government keeps large cooperations in check, and the population keeps the government in check.
It can be argued that the EU strives to follow this model (although imperfectly). E.g. by enforcing net neutrality, being relatively active at breaking down cartels, regulating roaming costs (since the industry kept them artificially high), etc.
Of course, it's never perfect, because the circumstances are never perfect. So, you have to finetune and adapt.