4) the industry is a major factor in how people attain government power in the first place
5) the lines between vendor, government buyer, and government regulator keep blurring
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in a free market, X would be dead and Elon Musk would not be able to open a credit card. This is not a free market, and the people who tried to organize a boycott against a bad website got sued out of existence.
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"the free market doesn't work because X still exists" she posted on Bluesky 🀨
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To me, this is a free market because this is always the inevitable end point of a free market. This is a late developed free market, an oligopoly or privately planned market
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But this is the inevitable result of a free market. Unfettered capitalism will always lead to an oligopoly; the most successful businesses will crowd out or buy out all of the competition until only a few remain. Only a robust regulatory system can prevent capitalism from destroying itself.
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Love this!
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The modal reality of a capitalist market is not real.

It does not exist.

It is a feudalist understanding of a global economy no different, fundamentally, from a child's understanding of a greater world beyond their neighborhood.

This isn't a dig on kids, either.

Kids don't know any better.
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for the last time, when the government becomes the customer, the vendor, and the regulator, and pumps the product into public space, it's not a regular super monopoly and i am not being a dick about communism. that is literally where i think this is going.
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The government can keep Fox News as a government monopoly but it’s not a natural monopoly (think Amazon) or a network monopoly (think Facebook) so the only thing it has is the monopolization of those government TVs. We actually saw FoX loses views after 2020-2021 for not being entirely fascist
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