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maximus_01 | 4 months ago

I'm not really disagreeing with you as it's not like there is a 100% true definition of a free market, different people can have different conceptions, but the original Adam Smith / classical view is that a free market should essentially be 100% driven by the private market on supply and demand - with as little government intervention as possible on either side of the ledger (subsidy or blocking)

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throttlebody|4 months ago

Monopoly is a free market game and thete is only one winner. Free markets as such is an utopia dream.

maximus_01|4 months ago

Except it isn't at all. The properties to buy all have a fixed price, costs of houses/hotels are fixed, rents are fixed and can't be adjusted, and most importantly, a) you can only buy a property if you randomly happen to land on it and b) people have no choice of what property to stay at (again, chosen by random dice)

flybarrel|4 months ago

mmm by that definition, which market is truly free market again? I'm not sure you can find one tbh

hvb2|4 months ago

Commodities, large number of buyers and a large number of sellers all buying/selling an equivalent product.

No buyer has power to set prices and no seller does either.