this post was submitted on 23 Oct 2024
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[–] moon@lemmy.cafe 78 points 1 month ago (1 children)

The free market is going very well here

[–] explodicle@sh.itjust.works 33 points 1 month ago (3 children)

This is 100% capitalism. It's not free market to have a goverment-enforced monopoly.

[–] chakan2@lemmy.world 41 points 1 month ago (9 children)

This is textbook late stage free market ideals at work. This is how the free market always ends.

[–] FinalRemix@lemmy.world 26 points 1 month ago (7 children)

X - ~~The system is broken.~~

✅ - The system is working exactly as intended and must be destroyed.

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[–] explodicle@sh.itjust.works 2 points 1 month ago

When did it start?

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[–] ConsistentParadox@lemmy.ml 14 points 1 month ago (2 children)

You are correct. There would be no copyrights or patents in a free market.

[–] lud@lemm.ee 6 points 1 month ago (1 children)

Yeah, the huge companies would dominate over small companies even more than they already do.

[–] ConsistentParadox@lemmy.ml 8 points 1 month ago (1 children)

Copyrights and patents are literally government enforced monopolies for huge companies. Without them, there would be a lot more competition.

[–] lud@lemm.ee 9 points 1 month ago (2 children)

Really? Calling it a government enforced monopoly seems very disingenuous.

Good luck trying to make a movie without Disney stealing it or making an invention with really effective solar panels or something without the biggest companies stealing it and bankrupt the original creator.

Copyright and patents protect everyone involved in creation and while there are a LOT of problems with the systems. Removing it entirely seems like the biggest overcorrection possible.

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[–] barsoap@lemm.ee 2 points 1 month ago (3 children)

Or trade secrets. "Perfect information" is a bitch. Not to speak of "perfectly rational actors": Say goodbye to advertisement, too, we'd have to outlaw basically all of it.

[–] frezik@midwest.social 2 points 1 month ago* (last edited 1 month ago) (1 children)

Trade secrets don't need to be enforced much by law. You can create an ad hoc trade secret regime by simply keeping your secret between a few key employees. As it happens, there are some laws that go beyond that to help companies keep the secret, but that only extends something that could happen naturally.

[–] barsoap@lemm.ee 1 points 1 month ago (1 children)

To get closer to the free market there would have to be a duty to disclose any- and everything that's now a trade secret, no matter how easily kept. To not just get closer but actually get there we all would need to be telepathic. As said, perfect information is a bitch of a concept.

[–] lud@lemm.ee 4 points 1 month ago (11 children)

Being free to innovate and keep your own ideas to yourself sounds like it should be part of the free market though.

Forcing people to disclose their (mental) secrets seems bizarre.

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[–] Peruvian_Skies@sh.itjust.works 1 points 4 weeks ago* (last edited 4 weeks ago)

To be fair, we absolutely should outlaw at least 99% of all currently practiced forms of advertising and make it so that new forms of advertising have to be whitelisted by a panel of psychiatrists, sociologists, environmentalists and urban planners before they're allowed.

[–] avidamoeba@lemmy.ca 1 points 1 month ago (3 children)

Are you telling me that the axioms behind the simplistic model are wrong?? shocked-pikachu.jpg

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[–] Maggoty@lemmy.world 9 points 1 month ago* (last edited 1 month ago) (31 children)

What's government enforced about it? Is ARM the only allowed chip designer for cellphones?

[–] fushuan@lemm.ee 1 points 1 month ago (1 children)

license enforcement is a thing because if someone bypasses it you can sue them, which is a government interaction. Technically, claiming X means nothing if there's no one that enforces your claim.

[–] Maggoty@lemmy.world 2 points 1 month ago (2 children)

Yes but that rule protects you the same as it does them. They can be a monopoly if nobody else can get their chips sold but they cannot be a government enforced monopoly unless nobody else is allowed to sell chips.

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