this post was submitted on 05 Jan 2024
1069 points (95.9% liked)
memes
16691 readers
4632 users here now
Community rules
1. Be civil
No trolling, bigotry or other insulting / annoying behaviour
2. No politics
This is non-politics community. For political memes please go to !politicalmemes@lemmy.world
3. No recent reposts
Check for reposts when posting a meme, you can only repost after 1 month
4. No bots
No bots without the express approval of the mods or the admins
5. No Spam/Ads/AI Slop
No advertisements or spam. This is an instance rule and the only way to live. We also consider AI slop to be spam in this community and is subject to removal.
A collection of some classic Lemmy memes for your enjoyment
Sister communities
- !tenforward@lemmy.world : Star Trek memes, chat and shitposts
- !lemmyshitpost@lemmy.world : Lemmy Shitposts, anything and everything goes.
- !linuxmemes@lemmy.world : Linux themed memes
- !comicstrips@lemmy.world : for those who love comic stories.
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I think one of the most common sources of confusion about economics these days is not drawing the line between a market corrupted by some price-fixing cartel, and a free market where actual competition takes place.
Lots of people just assume collusion in all markets. I think that’s a cartoonishly simplistic view of the world, but you gotta remember lots of people assume “capitalism” refers to the thing better called “a price fixing cartel”.