#free-markets — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #free-markets, aggregated by home.social.
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"Sweden is choosing capitalism. Social spending as percentage of GDP is now 24%, lower than most of Northern Europe. Sweden has surpassed the US in billionaires per capita. School choice is universal, one in ten teens goes to a school operated by a company listed on the Stockholm stock exchange. Taxes have been cut three years in a row. Sweden has seen "more than 500 [IPOs] over the 10 years through 2024, more than Germany, France, the Netherlands and Spain combined"
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@alineblankertz Relevant to the claim on your wall: [@georgemonbiot\.bsky\.social](https://bsky.brid.gy/r/https://bsky.app/profile/georgemonbiot.bsky.social) Why Neoliberalism given captive markets are not free? It is after all the Neoconservatives of both parties who have and are selling us out to antitrust monopolies and their fascist tech lords. [\#Neoliberalism](https://universeodon.com/tags/Neoliberalism) [\#Neoconservatism](https://universeodon.com/tags/Neoconservatism) [\#Neocons](https://universeodon.com/tags/Neocons) [\#Neofascists](https://universeodon.com/tags/Neofascists) [\#Neonazis](https://universeodon.com/tags/Neonazis) [\#CaptiveMarkets](https://universeodon.com/tags/CaptiveMarkets) [\#DoublespeakEmpires](https://universeodon.com/tags/DoublespeakEmpires)
[\#FreeMarkets](https://universeodon.com/tags/FreeMarkets) [\#EthicalMarkets](https://universeodon.com/tags/EthicalMarkets) [\#EthicalMarketsAreFree](https://universeodon.com/tags/EthicalMarketsAreFree) -
@georgemonbiot.bsky.social Why Neoliberalism given captive markets are not free? It is after all the Neoconservatives of both parties who have and are selling us out to antitrust monopolies and their fascist tech lords. #Neoliberalism #Neoconservatism #Neocons #Neofascists #Neonazis #CaptiveMarkets #DoublespeakEmpires
#FreeMarkets #EthicalMarkets #EthicalMarketsAreFree -
The data center water panic has a better answer: Water markets
https://reason.com/2026/03/24/the-data-center-water-panic-has-a-better-answer-water-markets/#DataCenters #ArtificialIntelligence #WaterMarkets #Economics #Sustainability #PublicPolicy #TechNews #Environment #FreeMarkets #Infrastructure
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Our choice is not between free markets and state control, for most adults spend their working lives controlled by a third thing entirely: private government.
https://www.conferencesthatwork.com/index.php/soapbox/2019/05/private-government
#FreeMarkets #StateControl #PrivateGovernment #FacilitatingConnection
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Do you object to what #ICE and the #DHS are doing? Do you wonder why both #democrat and #republican administrations have supported them for decades? Are you looking for an #alternative?
You might be a #libertarian.
#freeminds, #freemarkets, and #peace.
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😬😓:
“Adam Smith Is Misinterpreted And His Influence Overstated”, The Economist (https://www.economist.com/christmas-specials/2025/12/18/adam-smith-is-misinterpreted-and-his-influence-overstated or https://archive.is/hQpRa).
#Economics #Capitalism #FreeMarkets #AdamSmith #TheWealthOfNations #Legacy #Books #InvisibleHand
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"In this book, Sidney Dekker sets out to identify the market mechanisms that explain how less government paradoxically leads to greater compliance burdens. This book gives shape and substance to a suspicion that has become widespread among workers in almost every industry: we have to follow more rules than ever-and still, things can go spectacularly wrong."
https://sidneydekker.com/compliance-capitalism
#HatTip to @dtauvdiodr for the reference.
#FreeTrade #FreeMarkets #neoliberalism #corporatism #SidneyDekker
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ICYMI - PERRY: City lawmakers snubbing free market system in Aurora is bad business
‘The truth is simple. Businesses don’t create blight. Blight creates business conditions’
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ICYMI - PERRY: City lawmakers snubbing free market system in Aurora is bad business
‘The truth is simple. Businesses don’t create blight. Blight creates business conditions’
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PERRY: City lawmakers snubbing free market system in Aurora is bad business
'The truth is simple. Businesses don’t create blight. Blight creates business conditions'
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PERRY: City lawmakers snubbing free market system in Aurora is bad business
'The truth is simple. Businesses don’t create blight. Blight creates business conditions'
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Our choice is not between free markets and state control, for most adults spend their working lives controlled by a third thing entirely: private government.
https://www.conferencesthatwork.com/index.php/soapbox/2019/05/private-government
#FreeMarkets #StateControl #PrivateGovernment #FacilitatingConnection
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Where lawful corporate governance ends and the personalist regime begins
I embarrassed myself when, back in January, I asked whether wind energy investors had standing to sue the Trump administration over a presidential memorandum pausing all federal approvals for wind power development. I was suffering at the time from the delusion — common to most writers, I suppose — that readers would respond or at least consider the point. Instead, crickets. I guess it was what the experts would call a dumb question, which wouldn’t be the first one I’ve asked and won’t be the last, or it just wasn’t the sort of thing that grabs people’s attention nowadays. (I would never claim to have my finger on the popular pulse.) In any case, it was a failed bid.
I was, however, on to something. I just didn’t know what, but now I think I have a slightly better idea. It’s not only that Trump’s Quixotic madness about windmills has been on full display ever since; “adverse market development in the US,” as an Ørsted executive euphemistically puts it, has interrupted big projects like Empire Wind and sent wind energy stocks plummeting. It’s also that Trump continues to assert his (unlawful) prerogative to control and extort companies, whole industries, and markets.
Acting arbitrarily, corruptly (witness the Paramount or Tim Cook bribes), and with undisguised prejudice, Trump is trying to replace the invisible hand that we were supposed to believe was at work in the free market with his own bruised, rotting Chaos Monkey paw.
He has reserved for his regime a “golden share” as a condition for approving deals (auguring “a ‘meaningful shift’ in America’s approach to capital markets,” as a writer in the FT delicately puts it), spooked investors by calling unflattering economic data rigged, imposed import and export taxes with unfair exemptions for cronies and flatterers, arrogated to himself powers reserved for boards (witness the call, last week, for the CEO of Intel to step down), and repeatedly offended shareholder rights and prerogatives.
L’actionnaire c’est moi, or something like that, and though boards have gotten very good at ignoring ordinary investors, they are hardly known for standing up to this kind of political pressure. As for CEOs, they have shown that they are all too ready to capitulate and collude.
This non-stop chaos, oafish meddling, and strong-arm interference may at times look clownish, but it will have serious consequences. Sure, it creates “uncertainty” (the rhetorical fig leaf the business press uses when the Chaos Monkey exposes himself), and of course it will lead to misallocation of capital. But that’s hardly the main trouble.
It marks the spot where lawful corporate governance (such as we knew it) ends and the personalist regime begins.
Greg Ip, with whom I usually disagree, appears to make a fair point when he calls this “State Capitalism with American Characteristics,” but I would prefer State Capitalism with Coherent Industrial Policy to to what we actually have, and Ip’s label doesn’t quite capture the personalist element: L’etat c’est moi donc l’actionnaire c’est moi, or something like that.
Let’s just say that it looks like we are heading for — or perhaps we are already in the throes of — a full-blown governance crisis. It may already be too late to push back, but it sure would be nice to see boards and big institutional investors try.
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#AAPL #DNNGY #INTC #PARA #autocracy #capitalMarkets #corpgov #corporateGovernance #corruption #cronyism #freeMarkets #kakistocracy #kleptocracy #liberty #personalism #personalistRegime #ruleOfLaw #shareholderRights
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Our choice is not between free markets and state control, for most adults spend their working lives controlled by a third thing entirely: private government.
https://www.conferencesthatwork.com/index.php/soapbox/2019/05/private-government
#FreeMarkets #StateControl #PrivateGovernment #FacilitatingConnection
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US inflation reaches 2.7% as Trump tariffs hit https://www.ft.com/content/65b1fb44-6391-4f74-82db-2d7eb6aaafa9
hmm. latest US report shows inflation is being pushed up by tarrifs. wasn’t inflation to be done on day one???????????????????????????????????????#liars #economicbaffoons #freemarkets
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"it's pollution in our lungs & exploitation of people & burning of the planet & degradation of civil society"
Economists refer to these as "externalities"... often not hidden (air pollution in LA is pretty obvious) as much as unaccounted for...
"Externalities often occur when the production or consumption of a product or service's private price equilibrium cannot reflect the true costs or benefits of that product or service for society as a whole.... since resources can be better allocated, externalities are an example of market failure."
👉 #MarketFailure 👈 is the key concept. So called #FreeMarkets are often incomplete, because not all of the #StakeHolders are at the bargaining table.
https://en.wikipedia.org/wiki/Externality
Even the oft quoted-out-of-context "libertarian" economist #FriedrichHayek allowed that there were some areas of economic activity that could not be addressed by free or open markets... #publichealth and #pollution to name just two.
[Graphic is from an article by Patrick Miner et al 2024.]
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An explosion, when regulated, becomes an engine. The same is true of markets.
An explosion, unregulated, is a weapon of mass destruction. The same is true of markets.
When Adam Smith talked about "free markets", he meant free of economic rents (paying people to own things), not free of regulation.
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I guess the question is can capital that wants free trade accept the new tariff approach. Then is there another division in capital that is vying for something even more different.
This is not an endorsement of either just an obervation
#Trump #Tariffs #FreeMarkets -
Our choice is not between free markets and state control, for most adults spend their working lives controlled by a third thing entirely: private government.
https://www.conferencesthatwork.com/index.php/soapbox/2019/05/private-government/
#FreeMarkets #StateControl #PrivateGovernment #FacilitatingConnection
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@SharkAttak A chief failure of the profit motive is that it cares not a whit where profit comes from.
If profit derived only from wealth as defined by Adam Smith ("the produce and labour of the nation"), that would be fine.
But profit is in fact an accounting artefact, not an economic one. That bit of equivocation is at the heart of a great deal of the apparent contradictions and fallacies of mainstream economics.
Profit is based on realised costs and revenues, which means that any trick which can be used to lower or offset / externalise costs, and to inflate or capture revenues, is a net gain to the business.
That's why "free market" entrepreneurs are not in fact in favour of free markets where they can secure higher profits by suppressing free markets. Whether that's through dumping toxic waste (physical or informational), fraud, slavery, labour oppression, tax avoidance, quashing or buying competitors, oppressing suppliers, inserting themselves as middlemen in trade (capturing both supplier and consumer surplus), monopolisation, regulatory capture, lobbying, or any of the other abuses.
Markets can be effective, but generally only where there is a balance of power between capital, labour, government, and common weal generally. If you read Smith closely you'll find that he's a champion of small scale commerce, but casts a jaundiced eye on monopolies (he doesn't use that word, but search for "engross" within Wealth and you'll find some mention), and those who can influence the State to their own interests (wool merchants get a call-out).
As best as I've been able to trace, it, the principles of cost accounting in the US were set out by Alexander Hamilton Church (and yes, related to that A.H.), see: https://en.wikipedia.org/wiki/Alexander_Hamilton_Church.
There's a wonderful inquiry into cost accounting by Leo Tolstoy in, I think in What Is To Be Done, (sometimes "What Then Must We Do") a collection of essays: https://en.wikipedia.org/wiki/What_Is_to_Be_Done%3F_(Tolstoy) https://theanarchistlibrary.org/library/leo-tolstoy-what-is-to-be-done.
I'm pretty sure @pluralistic is aware of much of this but AHC may be of interest.
#Economics #EconomicFallacies #equivocation #profit #wealth #ProfitVsWealth #AlexanderHamiltonChurch #accounting #FreeMarkets #LeoTolstoy #WhatIsToBeDone #WhatThenMustWeDo
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western capitalism is just all scams now:
this country only works for large corporations, everything that happens is based on who gets the cash and who doesnt. if you dont have bribe money, you cant compete #FreeMarkets https://montanafreepress.org/2025/03/03/house-lawmaker-resigns-after-bruising-battles-on-vape-bills/ -
#Bezos said on Wed he would mandate the paper’s #opinions section to focus on supporting #FreeMarkets & #PersonalLiberties, saying those pieces w/opposing views can “be left to be published by others.”
The move was rebuked by current & former #WashingtonPost staffers, though it was praised in a trolling post by #Trump’s WH.
#MartyBaron #FourthEstate #journalism #media #FreePress #censorship #propaganda #trumpaganda #ViewPointDiscrimination #law #USpol
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Jeff #Bezos Demands the #WaPo #Opinion Pages Focus on a ‘Defense of … Personal #Liberties and #FreeMarkets’
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»#JeffBezos bans #WashingtonPost #opinionwriters from opposing ‘#freespeech and #freemarkets’: Which speech and markets? Oh, you know the ones.« https://www.theverge.com/news/619887/jeff-bezos-washington-post-opinion-section-limits-free-speech-markets?eicker.news #tech #media
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Our choice is not between free markets and state control, for most adults spend their working lives controlled by a third thing entirely: private government.
https://www.conferencesthatwork.com/index.php/soapbox/2019/05/private-government
#FreeMarkets #StateControl #PrivateGovernment #FacilitatingConnection
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🧵
> The irony that the political class was selling the magical qualities of markets both going into the Wall Street bailouts of 2008 and coming back out of them illustrates the political use-value of economic misdirection. ‘Markets’ would have meant the demise of Wall Street and the American auto industry around 2008 had the Feds not intervened.@[email protected]
#MarketDistraction #Markets #FreeMarkets #MercantilistUSA ?