• finitebanjo@lemmy.world
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        2 hours ago

        I don’t think that has ever been true, really. Nor should it be, Laissez Faire is a trainwreck waiting to happen, probably literally and figuratively.

        Textbooks will tell you that the USA, and other countries like China and Russia, are a regulated “Market System” which in some markets teeters on strict Oligopoly.

      • InternetCitizen2@lemmy.world
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        20 hours ago

        Oddly libertarians never acknowledge that market leaders ask for theses things. The biggest threat to the free market are capitalists themselves.

        • Cyberwolf@feddit.org
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          3 minutes ago

          They know, they just have too much invested in their 401k to think about their own best interests. Sold themselves and their future families for a couple more % points of growth yearly.

          • Bytemeister@lemmy.world
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            14 hours ago

            There are 2 types of libertarians.

            One group is comprised of people who think the government should basically keep the military going, and handle foreign relations when that doesn’t impede private citizens.

            The other group is just Republicans who don’t like being called Republicans.

    • HugeNerd@lemmy.ca
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      24 hours ago

      I think that’s the invisible hand of the market. The visible part is the products you don’t get to have.