this post was submitted on 22 Jun 2024
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I have no problem with you believing on the market auto-balancing itself at the sole benefit of the users. But it is just you believing something, and you are lucky you can afford to live in a way that enforce that belief.
In my country there was an unregulated market for everything (in the 19th), and workers (among them children) were getting very low paiement with the excuse that they weren't working enough. So I don't believe in the auto regulated market in the benefits of users.
Let's take the tobacco industry (based on slavery and addiction) do you think it is an industry that thrives on the good health of people ? No, tobacco needs regulation to start lowering the number of people killing themself with cigs.
You can make up examples (and I can do myself a all bunch of things with 'ifs') but I prefer some facts and some studies as arguments.