this post was submitted on 13 Feb 2025
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Yeah buddy, sure. I'm certain without rules and laws all companies would act in the best interests of the consumers, not selling dangerous or poisonous goods at all!! And they would never think about creating cartels to fix the prices of their products. This could never happen!!
God, you're thick as a brick but less useful. Basically a rock with the capacity to write dumb things on the internet
Who is thick as a brick - I just report facts. I suggest to listen or read basic economics from Thomas Sowell and then come back. I'll wait.
https://rumble.com/v1nx7ge-basic-economics-audio-book-by-thomas-sowell..html
Wrong facts but facts nevertheless.
Please tell me how the absence of laws and agencies mandated to overview the adherence to said laws by big industrial realities could improve the quality of live for common citizens who are already power-deprived in front of big corporations thanks to the lack in founding of state agencies in return for the campaign contributions all parties rack in from their wealthy donors with each election cycle
Pro-difficulty: use your words instead of linking to a badly argued YouTube video
Protip: you can't
Because Thomas Sowell can tell it so much better with countless historic examples than I can and btw - it is not a 'youtube video' - it is a link to a rumble video with the complete audiobook. It just shows you how an economy works and the effects (negative and positive) of governments. One of the best books ever written on this subject. Highly recommended for everyone - left or right.
Don't be scared, he is not an anarchist.
If I said things like that in public, I'd have died of embarassment.
If that's what you're interested in, then I've got a few book recommendations for you:
The Dictator's Handbook: Why Bad Behavior Is Almost Always Good Politics by Alastair Smith and Bruce Bueno de Mesquita.
The Ecology of Freedom: The Emergence and Dissolution of Hierarchy by Murray Bookchin
Capital in the 21st Century by Thomas Picketty
He'd be cooler if he was.
He tells these concepts so much better and bring such clear examples to the table that you're still unable to present your points in clear and readable manner.
Please tell me how the economy works and how the "invisible hand of the free market" can improve the quality of goods and services for people in a market where the most important goal if any company is to extract the maximum profit from its customers.
Let's remember that even Harvard business review has finally accepted that the concept of the invisible hand is laughable (read here for reference), we just needed 3 major financial crashes (IT at the end of the 90s, housing market at the end of the 2000s and the economic crash of 2019) to experience this first hand.
Please, remind me where the money which were used to save big businesses and big banks came from? Do I hear you say "the state"? Oh well, we would be better off without it at this point, right?