#freemarket — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #freemarket, aggregated by home.social.
-
@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?
-
@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?
-
@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?
-
A quotation from Franklin Roosevelt
Competition, of course, like all other good things, can be carried to excess. Competition should not extend to fields where it has demonstrably bad social and economic consequences. The exploitation of child labor, the chiseling of workers’ wages, the stretching of workers’ hours, are not necessary, fair or proper methods of competition.
Franklin Delano Roosevelt (1882-1945) American lawyer, politician, statesman, US President (1933-1945)
Message (1938-04-29) to Congress, On Curbing MonopoliesSourcing, notes: wist.info/roosevelt-franklin-d…
#quote #quotes #quotation #qotd #franklinroosevelt #franklindroosevelt #business #capitalism #cheaplabor #childlabor #competition #economicinjustice #freemarket #laborrights #socialills #laborlaws
-
#Deinfluencing #Deinfluence is a fairly new thing.
It uses Social Media (the platforms we know and kinda love) to anti-influence the influencers, or list products to avoid and boycott services.
This can be effective online activism against corporate greed, middlemen (choke point capitalism) like Spotify, Shopify, online art and music platforms, etc...
It fights back against the influencers who attempt to sell these products.
Spread the word!
#Deinfluence #Deinfluencing #CorporateGreed #ChokepointCapitalism #FreeMarket
https://www.axios.com/2023/02/12/tiktok-instagram-deinfluencing-trend