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Joined 2 years ago
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Cake day: September 4th, 2023

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  • A free market is one that is free of corruption and unfair business practices. Which cannot exist without regulations and the enforcement of those regulations.

    And the truth is that the oligarchs, the established players in the game of capitalism, do not want a free market. They want a market with the illusion of freedom. A free market like the one you describe is, in fact, a true free market. Because then they have to actually compete with new players. Players who don’t come from the same backgrounds as the established players. Who may have different beliefs, who might not have the same skin color. Who may have a superior product or service to one or more of the established players. Who are free to sit at the same tables as oligarchs and take up space because their government gives them the power to do so. De regulation gives the illusion of a market being free, by making it so that if you want to be a new player in the game, you can, but unless you pay obeisance to the top players, you’re not getting very far. Plus the top players will buy you out, which is essentially them bribing you to walk away from the table.


  • Right, back when they were just a bookstore. All I really know about Amazon is that they focused on long-term profitability over increased short-term profits to expand and capture more of the market, and it worked. The problem is that not everyone can do that. They spent every year since 1994 operating at a loss, when anyone else would have been snapped up by another company in the space, and it’s not clear how that didn’t happen. The landscape of e-commerce would have been very different if it had.


  • Exactly. A systemic issue with capitalistic markets is that they inherently select for short term thinking.

    Does it make sense to destroy 90% of your profitability 5 years from now for a 20% bump in profit this quarter? Well, yes, it does, because that’s 20% more profit to expand and take over the market.

    Even if a business were to try to make good long term decisions, it would immediately be crushed and pushed out of the market by all of its competitors willing to make those shortsighted decisions for immediate profits.

    Except in the case of Amazon, thanks to AWS they were able to make good long-term decisions with their e-commerce platform by making short term decisions with AWS.

















  • I look at it like this:Two sides. One side is completely full of shit and they know it. They also know the other side knows. However, both sides have agreed to keep up the pretense of everything being okay, for whatever reason. I like to call it the “Slow Break-up”.

    It’s like when your romantic partner stops showing up for date nights, then they get home late, then they start sleeping on the couch. And eventually you get around to asking, “Is something wrong?” And they’re all like, “No, everything is fine, work’s just been riding me so hard lately, and now I get home so late that I don’t want to wake you up.” Then one day they’re packing their shit to leave, and they look at you and go, “Look, we both saw this coming.”

    It’s always “not happening” until it’s already happened. The moment is skipped over where they could acknowledge they misled you, try to make amends, maybe do something about the problem.

    But, my overall point is this. A civil war would be like a fight between spouses. Like, a big serious fight. Where there is the possibility that someone’s going to yell “I want a divorce!”. So the divorce happens, but both parties move on, and try to heal. I am on the side that wants to have the fight, move on, and heal.


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