But the free market is free, guys! Look at this freedom!
this post was submitted on 06 Dec 2024
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Truly free markets suck. The inevitably become dominated by a small number of monopolies, who fuck over everyone else as hard as possible every day ...
There's some equivocation going on there: On the one hand we have a theoretical model, due to Adam Smith, that says if you have perfectly rational actors acting on perfect information then you get very very nice results and that's called the free market. Then you have peddlers of institutionalised market failure saying that any regulation that would make people's choices more rational, or give them more information, is making the market unfree.
In short: While classical liberals and specifically ordoliberals are saying "there shall and must be regulation, so that the real-world market comes closer to approximating Smith's free market", neoliberals say "there shall be no regulation because Adam Smith doesn't like monopolies but we do so let's poison the conversation by calling inherently unfree markets free".
Yeah. That's.. what I said. It's a two-in-one--I recognise that regulation is necessary, yet people seem to oppose it.
Until it benefits them (or, leopards).
It helps to think before you type.
The free market is free if and when you play by the same -democratic- rules. Look at Romania, just to name an actual example. Tiktok is much worse than Facebook and (most) others, and being worse is not an easy task here.
Tik Tok is not much worse than Facebook. The only reason is because Facebook cooperates with the US agencies, while they don't get the information from Tik Tok. US does not like that citizen data is going to China instead being able to collect it themselves. From privacy standpoint of the end user, it does not matter who has the data; lost privacy is lost privacy.
I think Tiktok is much worse. It's about a foreign country whose government is pursuing a dictatorial policy trying to interfere in foreign elections (again, look at Romania, for example).
The argument of FB collaborating with the US gov is true I guess, but isn't valid here. China is doing the same, the Chinese government is banning the Western version of Tiktok, too, let alone all other non-Chinese apps. So the 'free market'-argument doesn't make any sense here, it'd be even hypocritical.
Yeah China sure is scary. Centralized social media owned by American billionaires on the other hand can totally be trusted never to interfere in elections.
Because another countries takes away freedom and eliminates the free market, makes it a non argument if the US does the same? The US is doing the same what China does.
Because another countries takes away freedom and eliminates the free market, makes it a non argument if the US does the same? The US is doing the same what China does.
If so, why then haven't you long been criticizing China the same way you do now the US? Where are these posts?
(Just to say that: The US, China, EU, and all the others can ban Tiktok, Twitter, FB, and all the centralized data collectors. I wouldn't miss any of them, and I think it would be better for the world. But the hypocrisy here in this thread is very telling.)
When the dictionary points to bad faith arguments, your name comes up.
So you are saying I am hypocrisy, because you could not find posts in my history criticizing China? And that makes my critique about the US less true or acceptable? I no longer believe in good faith of your discussion here and will end discussing with you. You have the last word if you want.
Dude, the US based social media platforms are no better than TikTok. Its all rotten to the core. X is a great example of this.