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cross-posted from: https://slrpnk.net/post/10351845
This is the post: https://www.reddit.com/r/worldjerking/comments/1d92dkp/rate_the_political_factions_in_my_totally/
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this post was submitted on 09 Jun 2024
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There would be the monopolies with private armies and more money than God to shut down new competition. They can lower prices for years to run at a loss locally to run the newcomer out of money, or just do a hostile takeover.
Here I am trying to explore an alternative to our current system and you’re losing your mind over it.
I'm all for clearing roadblocks for startups and small businesses. Why can't you do that wile still making sure markets stay markets not monopolys?
The markets are turning into monopolies with the current system.
It's almost like it's still capitalism dawg.
No it’s capitalism for profits and socialism for losses.
Yeah, so make it easier for competition. And give antitrust actual teeth. There's massive money flowing into the government and campaigns to turn it into the type of no regulations government you're proposing. So we need to fight really hard to actually enforce those regulations so monopolys don't form.
We are consistently adding regulations not removing them.
We're pulling the teeth out of the important ones. Mondern tech monopolies would never have stood in the 50s.
The free market will deal with those problems naturally.
Why? The 'invisible hand'? How would a more free market take down Microsoft or Google or Amazon?
Psst. They're a troll. Just ignore them.
I think they believe it, and I can't get to sleep, so I'll keep them occupied for a bit.
A completely free market would have never let these monopolies form.
How? What regulations caused them to form then? And how would fewer regulations on them bring them down?
There would be less barriers for competition to take market share.
What barriers? I don't know of any regulations on search engines.
The regulations.
What regulations? Could you give any specifics at all? Regulations on search engines?
You edited your comment.
Are you trolling me?
I’m trying to have a friendly conversation with you here.
I just added to it sorry, I sent before I meant to.
Yes regulations for smaller companies have been added. And big companies love that. Eli Lilly wants as many tests required as possible even though it costs them money, because they're better able to afford it than their potential competition.