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this post was submitted on 20 Aug 2023
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Market != Capitalism. You can have a free market without capitalism, and capitalism without a free market.
The hexbears will attack me for saying that a regulated free market is good and a planned economy is bad. The others will attack me for saying that capitalism is bad and that we should have market socialism instead. But if we can't have that, a capitalist free market has proven much less bad than any planned economy, as long as it's regulated enough that it stays free.
That's the thing, when people say free market they mean a unregulated one and not a social democracy, markets are a effective tool to generate wealth and progress but they don't spread that wealth very well and profit over everything isn't a great way to help people so you need heavy regulations and certain areas shouldn't be under market control at all because people can't choose to use them!