• lad
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    10 months ago

    I wouldn’t say that it’s a free market when there are so many mega corporations and their lobbies in government, but I agree with the rest

    • hglman@lemmy.ml
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      10 months ago

      There is no “free market”. It’s only an ideology, one that is actively being used to justify creating the conditions of megacorps and legal bribes.

    • LarmyOfLone@lemm.ee
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      10 months ago

      Yeah. For example everyone thinks patents are great because they reward the little inventor for having the great idea. But they become commodities that can be acquired with capital and create hindrances to the free market. Effectively they protect large capital investments to prevent disruptions to change the market too quickly. Anything new takes 20 years at least to be fully utilized.

      With climate change that basically means every single improvement to turn our thousands of industrial process towards sustainability or circular economy is being min-maxed for profit.