Ancestors

Written by 🎓 Doc Freemo :jpf: 🇳🇱 on 2025-01-23 at 21:41

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Written by william.maggos on 2025-01-23 at 21:45

@freemo

what market interventions do you accept?

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Written by 🎓 Doc Freemo :jpf: 🇳🇱 on 2025-01-23 at 21:49

@wjmaggos Any intervantions needed to ensure a free market.

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Toot

Written by william.maggos on 2025-01-23 at 21:58

@freemo

are borders ok? child labor laws? doesn't govt doing almost anything for the public create ripple effects in the market? what about negative externalities? should anything like water resources be publicly owned?

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Descendants

Written by 🎓 Doc Freemo :jpf: 🇳🇱 on 2025-01-23 at 22:10

@wjmaggos Free market means a market where prices are adjusted freely due to their natural supply/demand.. In other words, a market where all players are on equal footing.

So that would mean the sort of things intervention is ok for:

1. Stopping monopolies from controlling the market

2. Prevent price fixing of markets by collaborating groups (aggregate monopolies basically)

3. Addressing the fact the medicare by its nature has a broken supply-demand curve, so things that fix that curve.

etc

Now id also be ok with the market spending taxes in general on anything that has a ROI on that money. So for example things like free education, I'd be fine with that because its a wise ROI.

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Written by william.maggos on 2025-01-23 at 22:23

@freemo

everybody draws these lines re free markets and socialism/capitalism very differently. the only people I have a problem with are those who don't accept reasonable arguments about the value of market forces or that our top economic priority shouldn't be trying to maximize the outcomes for people today or in the relatively near future.

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