[OC] Biggest e-commerce companies in the worldSubmitted by giteam t3_yyq9m7 in dataisbeautiful
[deleted] t1_iwwn42p wrote
Reply to comment by Chris-1235 in [OC] Biggest e-commerce companies in the world by giteam
You got the opposite. Endless merging till monopoly is exactly what free market leads to. Anti-trust is from the state.
Chris-1235 t1_iwwvd5s wrote
No mate, free markets are not unregulated markets. Only in the US has this distortion of the term taken place. Even here:
"Antitrust laws ensure competition in a free and open market economy, which is the foundation of any vibrant economy"
MoscaValorosa t1_iwxbjef wrote
Well, words have the meaning you want them to have. When liberals (in the classic non-american meaning) say they want an open free market what they really mean is a market unregulated enough for maximum capital reproduction and regulated enough so the goverment can help with some more profit. So usually that's what I mean by free market.
And if you are not joking, you are reproducing the schrodinger's socialism falacy: when something works in China it's because it's capitalist; when it fails it's because China's communist (neither are true. China's socialist). China not having a massive monopoly as Amazon is consequence of it's own historical development, which went in the opposit direction of the liberal economic canons, not because it succeded at implementing a capitalist vision of free market.
"which is the foundation of any vibrant economy": this was brought to you by the Washington Consensus gang.
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