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slopinthebagtoday at 5:49 AM1 replyview on HN

> A truly free market is also free of regulation and embraces predatory actions by monopolists.

This is a non sequitur and also makes no sense. A free market doesn’t “embrace” anything, it’s the sum of the decisions individuals make absent external coercion. That you might be unhappy with the decisions others make doesn’t necessarily make it a problem.

But every single economy is heavily controlled, regulated, and interfered with, and the so-called “free market” examples people use like healthcare in the States are examples of the most tightly controlled and regulated markets (if you can even call them that) on the planet. So when people complain about “free markets” they’re complaining about heavily controlled markets without even knowing it.


Replies

stackghosttoday at 6:44 AM

Sounds like we agree that the USA does not have a truly free market, and that some regulation is essential. I'm glad!

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