#freemarket — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #freemarket, aggregated by home.social.
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@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?
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@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?
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@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?
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@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?
-
@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?
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youtube.com/watch?v=pzG6X7FiOF…
THIS is how #communism was SUPPOSED to work. #FreeMarket #socialism can work VERY well. Slovenia was probably the closest to the type of nation #Marx believed would shift to communism once they had mental and physical infrastructure created by capitalism.
They were also SUPPOSED to have workers councils and start out with them until #Lenin got only 1/3rd of the vote with the menchiviks, liberals and SRs winning the other seats, and could have ended up in prison or dead so he ignored the vote and shifted over to a double representative democracy, where people voted for a representative who then went and voted for the real leaders, but it gave them so much power that they began to tell you who you could vote for making it a complete farce.
Because the west refused to trade with anyone they deemed as socialist for around 30 years, even if they weren't actually socialist(see Cuba and the Congo), most nations were forced to adopt a form of Stalinism but even worse with a corrupt dictator under the thumb of #Stalin .
Yugoslavia, Vietnam, Laos and Cuba were the only ones who were able to maintain their own version of decentralized local autonomous control that had democratic right over their local government and workplaces at a level we should have as well.
So long as you didn't cross some lines and criticize the federal government you were fine. Its true in Vietnam, Laos and Cuba today, lots of local autonomy and free speech but no free speech about the federal government, or free speech around sensitive subjects like promoting capitalism.
Titoism was basically the closest to the real version of Marx's vision, Slovenia checking all the boxes Marx called for, #Tito was just a dictator that held a bunch of ethnic groups together that hated each other.