alt Hacker NewsFree markets don't automatically do anything. There's nothing automatic. It's about giving individual people the opportunity to take action.
Free markets don't automatically do anything. There's nothing automatic. It's about giving individual people the opportunity to take action.
Free markets tend toward monopoly which restricts individual people’s opportunities for action. In this example, there was a cable monopoly mentioned. The only way to coerce it (not even to defeat it in some way) was through baseless deception, not free market competitive action. The monopoly remained.