• Zaktor@sopuli.xyz
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    4 months ago

    No kidding. Even regular staunch capitalists recognize that regulation is sometimes necessary. Regulation against anti-competitive practices exists because a market left to its own devices will devolve into monopolies that will be much less efficient than a competitive market. Non-competes are just employers establishing monopolies over their workforce.

    • sunzu@kbin.run
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      4 months ago

      a market left to its own devices will devolve into monopolies

      I would posit it devolves into either slavery or serfdom based on historical records. We all started “in free market” lol

      Even regular staunch capitalists recognize that regulation is sometimes necessary.

      Most people can’t the differentiate between capitalism and free market on conceptual level