alt Hacker News> free market competition always was and is the main source of human progress
Not really though, most progress is driven by scientific or government institutions, offloaded only to private enterprise for execution, usually still heavily subsidized to cover risk.
True free market competition creates monopolies and stagnation, this is not a controversial opinion.
> most progress
Well most progress in computing, software and related areas did come from private companies.
> True free market competition creates monopolies and
That’s where regulation must come in. To stop monopolies from forming or at least from abusing their position.
Anyway your suggestion is to jump straight to the monopoly phase?