#freemarkets — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #freemarkets, aggregated by home.social.
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Caitlin Clark, Sophie Cunningham, and the WNBA’s publicity problem https://www.rawchili.com/5058077/ #FreeMarkets #media #MediaCriticism #ncaa #regulation #WNBA #women
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i'm sidestepping pro- / anti- capitalist arguments
i'm saying #capitalism is dead
there is the fantasy foundational belief of " #freeMarkets"
they have always been manipulated
(especially with #regulations removed, which #capitalists always seem excited to do, resulting in the biggest players controlling it)
#plutocracy replaced capitalism
idiots didn't notice
they merely adopted a lie:
"this is capitalism!"
behavior: not capitalism, just licking plutocrat boots
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i'm sidestepping pro- / anti- capitalist arguments
i'm saying #capitalism is dead
there is the fantasy foundational belief of " #freeMarkets"
they have always been manipulated
(especially with #regulations removed, which #capitalists always seem excited to do, resulting in the biggest players controlling it)
#plutocracy replaced capitalism
idiots didn't notice
they merely adopted a lie:
"this is capitalism!"
behavior: not capitalism, just licking plutocrat boots
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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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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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So Google's massive revenues are no longer sufficient to fund its AI spending spree.
The Guardian is reporting it's going to issue US$80 billion in new shares, including the US$10 billion it's selling to Berkshire Hathaway.
Let's put that number into context.
Imagine a person who earns a good wage, say $100,000 a year on average throughout their working life.
If they work full time for 40 years, that's $4 million in lifetime wages.
If you add together the lifetime earnings of 1000 such people, you get to $4 billion.
At $80 billion, Google is asking for the lifetime wages of 20,000 workers on a good income.
That's an obscene amount of money!
If we're in a bubble right now, then it's inflating a ridiculous amount.
"The move, the largest equity fundraising ever according to analysts, includes a $10bn share sale to the US investment group Berkshire Hathaway, which was led until last year by the investment guru Warren Buffett.
"Alphabet, which is behind the Gemini system that has been increasing its share of the AI chatbot market, said it would use the money to expand its “world-class AI compute infrastructure to meet its unprecedented customer demand”.
...
"Nicholas Hyett, the lead alternatives analyst at Hargreaves Lansdown, said the planned stock sale was much larger than previous secondary share sales, and would also raise more money than the largest stock market flotations, known as initial public offering (IPOs).
"'Alphabet’s $80bn fundraise dwarfs the world’s largest IPOs, often the moment of maximum excitement when companies seek to fill their financial war chests,' he said. 'In fact, if successful, it would raise more than the world’s three largest initial public offerings put together – Saudi Aramco raised $25.6bn when it debuted on the Saudi exchange in 2019; Alibaba raised $21.8bn on the New York Stock Exchange in 2014; and SoftBank raised $21.3bn when it listed in Tokyo in 2018.
"'We can’t think of a secondary issue that would even come close to matching the ambition of this fundraise … and there just aren’t many companies in the world that have the ability to spend that amount of money productively.'
...
"However, such a huge fundraising is also a warning to the markets that for all the many billions of dollars thrown at AI infrastructure, meaningful returns to investors have so far been limited."
https://www.theguardian.com/technology/2026/jun/02/google-alphabet-sell-stock-ai-share-sale-berkshire-hathaway
#AI #capitalism #socialism #FreeMarkets #business #news #Google #Gemini #Alphabet #LLM #enshittification -
So Google's massive revenues are no longer sufficient to fund its AI spending spree.
The Guardian is reporting it's going to issue US$80 billion in new shares, including the US$10 billion it's selling to Berkshire Hathaway.
Let's put that number into context.
Imagine a person who earns a good wage, say $100,000 a year on average throughout their working life.
If they work full time for 40 years, that's $4 million in lifetime wages.
If you add together the lifetime earnings of 1000 such people, you get to $4 billion.
At $80 billion, Google is asking for the lifetime wages of 20,000 workers on a good income.
That's an obscene amount of money!
If we're in a bubble right now, then it's inflating a ridiculous amount.
"The move, the largest equity fundraising ever according to analysts, includes a $10bn share sale to the US investment group Berkshire Hathaway, which was led until last year by the investment guru Warren Buffett.
"Alphabet, which is behind the Gemini system that has been increasing its share of the AI chatbot market, said it would use the money to expand its “world-class AI compute infrastructure to meet its unprecedented customer demand”.
...
"Nicholas Hyett, the lead alternatives analyst at Hargreaves Lansdown, said the planned stock sale was much larger than previous secondary share sales, and would also raise more money than the largest stock market flotations, known as initial public offering (IPOs).
"'Alphabet’s $80bn fundraise dwarfs the world’s largest IPOs, often the moment of maximum excitement when companies seek to fill their financial war chests,' he said. 'In fact, if successful, it would raise more than the world’s three largest initial public offerings put together – Saudi Aramco raised $25.6bn when it debuted on the Saudi exchange in 2019; Alibaba raised $21.8bn on the New York Stock Exchange in 2014; and SoftBank raised $21.3bn when it listed in Tokyo in 2018.
"'We can’t think of a secondary issue that would even come close to matching the ambition of this fundraise … and there just aren’t many companies in the world that have the ability to spend that amount of money productively.'
...
"However, such a huge fundraising is also a warning to the markets that for all the many billions of dollars thrown at AI infrastructure, meaningful returns to investors have so far been limited."
https://www.theguardian.com/technology/2026/jun/02/google-alphabet-sell-stock-ai-share-sale-berkshire-hathaway
#AI #capitalism #socialism #FreeMarkets #business #news #Google #Gemini #Alphabet #LLM #enshittification -
It is an axiom that you get less of what you tax. Tariffs (really a kind of excise tax) are a textbook example of the United States getting less of what it taxes, namely raw materials from abroad ... and rubber.
#DonaldTrump #economics #freeMarkets #freeTrade #NorthCarolina #tariffs #taxation #Thailand #TrumpAdministration #USPolitics
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It is an axiom that you get less of what you tax. Tariffs (really a kind of excise tax) are a textbook example of the United States getting less of what it taxes, namely raw materials from abroad ... and rubber.
#DonaldTrump #economics #freeMarkets #freeTrade #NorthCarolina #tariffs #taxation #Thailand #TrumpAdministration #USPolitics
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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"
1/2
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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"
1/2
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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) -
@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 -
@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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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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On this day, 250 years ago, Scottish economist and philosopher Adam Smith laid the first groundwork for classical economics with his magnum opus, The Wealth of Nations, which challenged the prevailing European attitude favoring mercantilism. A full copy can be read on Wikisource (https://en.wikisource.org/wiki/The_Wealth_of_Nations).
#year1776 #AdamSmith #classicalEconomics #freeMarkets #liberalism #mercantilism #TheWealthOfNations
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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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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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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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😬😓:
“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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"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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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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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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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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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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Trump’s tariffs and Japan deal could encourage Toyota to move jobs out of U.S.
Over the past few decades, Japan-based automaker Toyota has spent billions of dollars to expand its manufacturing and assembly plants in the United States. T…
#Japan #JP #JapanNews #automobiles #BlueCollar #economics #FreeMarkets #freetrade #imports #Japanese #Japanesenews #news #tariffs #trumpadministration
https://www.alojapan.com/1330507/trumps-tariffs-and-japan-deal-could-encourage-toyota-to-move-jobs-out-of-u-s/ -
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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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
