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#freemarket — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #freemarket, aggregated by home.social.

  1. @arstechnica @pluralistic Corporations say they love free markets, but they love profit more. Free market for thee, fixed prices for me.

    > Amazon’s response acknowledged that it uses reserve prices, saying it implemented the system because “relevant ads [were] increasingly winning at prices below market value.”

    Isn't the price that won the auction the market price, because, you know, it's the price the market discovered?

    #capitalism #freemarket #enshitification #amazon

  2. @arstechnica @pluralistic Corporations say they love free markets, but they love profit more. Free market for thee, fixed prices for me.

    > Amazon’s response acknowledged that it uses reserve prices, saying it implemented the system because “relevant ads [were] increasingly winning at prices below market value.”

    Isn't the price that won the auction the market price, because, you know, it's the price the market discovered?

    #capitalism #freemarket #enshitification #amazon

  3. @arstechnica @pluralistic Corporations say they love free markets, but they love profit more. Free market for thee, fixed prices for me.

    > Amazon’s response acknowledged that it uses reserve prices, saying it implemented the system because “relevant ads [were] increasingly winning at prices below market value.”

    Isn't the price that won the auction the market price, because, you know, it's the price the market discovered?

    #capitalism #freemarket #enshitification #amazon

  4. @arstechnica @pluralistic Corporations say they love free markets, but they love profit more. Free market for thee, fixed prices for me.

    > Amazon’s response acknowledged that it uses reserve prices, saying it implemented the system because “relevant ads [were] increasingly winning at prices below market value.”

    Isn't the price that won the auction the market price, because, you know, it's the price the market discovered?

    #capitalism #freemarket #enshitification #amazon

  5. @arstechnica @pluralistic Corporations say they love free markets, but they love profit more. Free market for thee, fixed prices for me.

    > Amazon’s response acknowledged that it uses reserve prices, saying it implemented the system because “relevant ads [were] increasingly winning at prices below market value.”

    Isn't the price that won the auction the market price, because, you know, it's the price the market discovered?

    #capitalism #freemarket #enshitification #amazon

  6. Just a reminder that #capitalism does not equal #freemarket. #China dumped a ton of startup money into a lot of companies, assuming that 95% would fail. Those 5% went on to make billions in a free market with a ton of healthy competition. Norway also holds a majority share in all of its companies. Now the government owns a majority stake, and all profits go directly back to taxpayers. The best rise to the top, and the rest die, like free markets are supposed to work. Meanwhile, in the land of the free, we dump tons of #subsidies into giant #corporations that make enough money to lobby politicians for it, and we get no profits back from our taxes. We give around $1T a year, or 1/4th of our yearly spending on corporate subsidies, and never see a dime back from it as they continue to dodge taxes. Capitalism is about who owns the means of production, and it's never the taxpayers or the workers.
  7. Just a reminder that #capitalism does not equal #freemarket. #China dumped a ton of startup money into a lot of companies, assuming that 95% would fail. Those 5% went on to make billions in a free market with a ton of healthy competition. Norway also holds a majority share in all of its companies. Now the government owns a majority stake, and all profits go directly back to taxpayers. The best rise to the top, and the rest die, like free markets are supposed to work. Meanwhile, in the land of the free, we dump tons of #subsidies into giant #corporations that make enough money to lobby politicians for it, and we get no profits back from our taxes. We give around $1T a year, or 1/4th of our yearly spending on corporate subsidies, and never see a dime back from it as they continue to dodge taxes. Capitalism is about who owns the means of production, and it's never the taxpayers or the workers.
  8. Just a reminder that #capitalism does not equal #freemarket. #China dumped a ton of startup money into a lot of companies, assuming that 95% would fail. Those 5% went on to make billions in a free market with a ton of healthy competition. Norway also holds a majority share in all of its companies. Now the government owns a majority stake, and all profits go directly back to taxpayers. The best rise to the top, and the rest die, like free markets are supposed to work. Meanwhile, in the land of the free, we dump tons of #subsidies into giant #corporations that make enough money to lobby politicians for it, and we get no profits back from our taxes. We give around $1T a year, or 1/4th of our yearly spending on corporate subsidies, and never see a dime back from it as they continue to dodge taxes. Capitalism is about who owns the means of production, and it's never the taxpayers or the workers.
  9. Just a reminder that #capitalism does not equal #freemarket. #China dumped a ton of startup money into a lot of companies, assuming that 95% would fail. Those 5% went on to make billions in a free market with a ton of healthy competition. Norway also holds a majority share in all of its companies. Now the government owns a majority stake, and all profits go directly back to taxpayers. The best rise to the top, and the rest die, like free markets are supposed to work. Meanwhile, in the land of the free, we dump tons of #subsidies into giant #corporations that make enough money to lobby politicians for it, and we get no profits back from our taxes. We give around $1T a year, or 1/4th of our yearly spending on corporate subsidies, and never see a dime back from it as they continue to dodge taxes. Capitalism is about who owns the means of production, and it's never the taxpayers or the workers.
  10. Just in case you were wondering, free-market capitalism was only ever an excuse to push US made products and services on the rest of the world. If profit goes somewhere else, then the US government invokes national security without citing any evidence.

    theregister.com/security/2026/

    #capitalism #antiCapitalism #freemarket #USpol #nationalSecurity

  11. Just in case you were wondering, free-market capitalism was only ever an excuse to push US made products and services on the rest of the world. If profit goes somewhere else, then the US government invokes national security without citing any evidence.

    theregister.com/security/2026/

    #capitalism #antiCapitalism #freemarket #USpol #nationalSecurity

  12. Just in case you were wondering, free-market capitalism was only ever an excuse to push US made products and services on the rest of the world. If profit goes somewhere else, then the US government invokes national security without citing any evidence.

    theregister.com/security/2026/

    #capitalism #antiCapitalism #freemarket #USpol #nationalSecurity

  13. Just in case you were wondering, free-market capitalism was only ever an excuse to push US made products and services on the rest of the world. If profit goes somewhere else, then the US government invokes national security without citing any evidence.

    theregister.com/security/2026/

    #capitalism #antiCapitalism #freemarket #USpol #nationalSecurity

  14. Just in case you were wondering, free-market capitalism was only ever an excuse to push US made products and services on the rest of the world. If profit goes somewhere else, then the US government invokes national security without citing any evidence.

    theregister.com/security/2026/

    #capitalism #antiCapitalism #freemarket #USpol #nationalSecurity

  15. The move provides fresh evidence of Trump’s intention to transform #GlobalTrade, despite numerous #court challenges & the protests of #US #consumers & businesses that have been stuck with higher #tax bills. Over the past 17 months, the #Trump admin has cycled through #trade #law after trade law as it tries to build a system to shield the US #economy from foreign #competition [it’s called a #FreeMarket, pretty freaking American]

    #tariffs

  16. The move provides fresh evidence of Trump’s intention to transform #GlobalTrade, despite numerous #court challenges & the protests of #US #consumers & businesses that have been stuck with higher #tax bills. Over the past 17 months, the #Trump admin has cycled through #trade #law after trade law as it tries to build a system to shield the US #economy from foreign #competition [it’s called a #FreeMarket, pretty freaking American]

    #tariffs

  17. The move provides fresh evidence of Trump’s intention to transform #GlobalTrade, despite numerous #court challenges & the protests of #US #consumers & businesses that have been stuck with higher #tax bills. Over the past 17 months, the #Trump admin has cycled through #trade #law after trade law as it tries to build a system to shield the US #economy from foreign #competition [it’s called a #FreeMarket, pretty freaking American]

    #tariffs

  18. The move provides fresh evidence of Trump’s intention to transform #GlobalTrade, despite numerous #court challenges & the protests of #US #consumers & businesses that have been stuck with higher #tax bills. Over the past 17 months, the #Trump admin has cycled through #trade #law after trade law as it tries to build a system to shield the US #economy from foreign #competition [it’s called a #FreeMarket, pretty freaking American]

    #tariffs

  19. The move provides fresh evidence of Trump’s intention to transform #GlobalTrade, despite numerous #court challenges & the protests of #US #consumers & businesses that have been stuck with higher #tax bills. Over the past 17 months, the #Trump admin has cycled through #trade #law after trade law as it tries to build a system to shield the US #economy from foreign #competition [it’s called a #FreeMarket, pretty freaking American]

    #tariffs

  20. Everyone should follow Mamdani's lead and get in the habit of mocking Friedrich Hayek and free-market capitalism.

    #Socialism #FreeMarket #Capitalism
    substack.com/@joewrote/note/c-

  21. Everyone should follow Mamdani's lead and get in the habit of mocking Friedrich Hayek and free-market capitalism.

    #Socialism #FreeMarket #Capitalism
    substack.com/@joewrote/note/c-

  22. Everyone should follow Mamdani's lead and get in the habit of mocking Friedrich Hayek and free-market capitalism.

    #Socialism #FreeMarket #Capitalism
    substack.com/@joewrote/note/c-

  23. Everyone should follow Mamdani's lead and get in the habit of mocking Friedrich Hayek and free-market capitalism.

    #Socialism #FreeMarket #Capitalism
    substack.com/@joewrote/note/c-

  24. Everyone should follow Mamdani's lead and get in the habit of mocking Friedrich Hayek and free-market capitalism.

    #Socialism #FreeMarket #Capitalism
    substack.com/@joewrote/note/c-

  25. Why your fare cost so much, and uber drivers get paid so little:
    It is the result of a highly calculated corporate strategy known as surveillance pricing (or algorithmic personalized pricing).
    In a genuine free market, prices function as transparent signals shaped by open supply and demand. Both buyers and sellers see the market rate, ensuring fairness. If a business overcharges, consumers walk; if it underpays, workers leave for a competitor.
    Surveillance pricing completely subverts this dynamic by weaponizing information asymmetry. Using a massive hoard of data, the platform creates an invisible digital partition between the customer and the service provider. Instead of a shared, transparent marketplace, the algorithm isolates both sides into separate, closed-door negotiations where the platform holds all the cards.
    For the passenger: The algorithm calculates the exact upper ceiling of what you will tolerate paying at that specific second—factoring in everything from your immediate location, time of day, and urgency, to your historical behavioral trends.
    For the driver: The platform acts as an electronic monopsony (a market with many sellers but only one dominant buyer of labor). It isolates the worker and calculates the absolute structural floor of what that specific driver will accept to keep their car moving. By dangling unpredictable, variable incentives, it extracts hours of uncompensated labor (waiting and idling time), leaving the driver to absorb all the capital risk, vehicle depreciation, and fuel costs.
    By blinding both sides of the transaction, the platform acts as a centralized command structure rather than a passive matching service. It systematically strips away the "consumer surplus" (the extra value and savings a buyer gets) and the "producer surplus" (the fair profit a worker keeps) and absorbs that wealth entirely for itself.
    This mechanism is profoundly anti-free market because it replaces transparent competition with a proprietary information monopoly. True markets thrive on decentralized, shared knowledge; this system relies entirely on keeping everyone else in the dark.
    #SurveillanceCapitalism #GigEconomy #PlatformCapitalism #FreeMarket #Economics #monopsony

  26. Freedom Caucus – not Business Council – hurts Wyoming’s economic development | Opinion

    The Freedom Caucus is so bereft of new ideas, all it can offer voters before the Aug. 18…
    #Economy #caucus #economicdevelopment #FreeMarket #FreedomCaucus #infrastructure #propertytax #revenue #universityofwyoming #Wyoming
    europesays.com/3123159/

  27. the "magic" of #freemarket #economy at work youtube.com/watch?v=wMG9-0SZIXU if everyone is broke prices have to come down... congratulations into the centers of #power especially the #centralbank and private #banks with your greed and lending only to each other but not to productive #mainsteet #wallstreet ruined it's own #fiat #paper (!) #money #finance system! i wonder how #bankers are going shopping when #wallmart goes out of business #congratulations all involved #cityoflondon #frankfurt #newyork are speculating on a #planetB when the ruined #planetA
    this #finance system is DIRECTLY responsible for all #hate on this #planet

  28. the "magic" of at work youtube.com/watch?v=wMG9-0SZIXU if everyone is broke prices have to come down... congratulations into the centers of especially the and private with your greed and lending only to each other but not to productive ruined it's own (!) system! i wonder how are going shopping when goes out of business all involved are speculating on a when the ruined
    this system is DIRECTLY responsible for all on this

  29. the "magic" of #freemarket #economy at work youtube.com/watch?v=wMG9-0SZIXU if everyone is broke prices have to come down... congratulations into the centers of #power especially the #centralbank and private #banks with your greed and lending only to each other but not to productive #mainsteet #wallstreet ruined it's own #fiat #paper (!) #money #finance system! i wonder how #bankers are going shopping when #wallmart goes out of business #congratulations all involved #cityoflondon #frankfurt #newyork are speculating on a #planetB when the ruined #planetA
    this #finance system is DIRECTLY responsible for all #hate on this #planet

  30. The Free Market Lie: Why Switzerland Has 25 Gbit Internet and America Doesn't - Stefan Schüller

    stefan.schueller.net/posts/the

    > The Free Market Lie: Why Switzerland Has 25 Gbit Internet and America Doesn't

    #FreeMarket #Switzerland #USA #Germany

  31. The Free Market Lie: Why Switzerland Has 25 Gbit Internet and America Doesn't - Stefan Schüller

    stefan.schueller.net/posts/the

    > The Free Market Lie: Why Switzerland Has 25 Gbit Internet and America Doesn't