Anonymous #1 11w

I’m truly open to hearing a well spoken and educated viewpoint

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Anonymous OP 11w

I wouldn’t give it too much credit. But lots of people believe that the market’s “natural” pricing gives information about where resources are most needed. For instance, milk can be used for yogurt or cheese. If more people are buying cheese then companies must raise the price to stave off a shortage. This increased price means the company can put more money into cheese rather than milk. The idea boils down to free markets creating pricing that keeps commodities in an equilibrium

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Anonymous OP 11w

This line of thinking can be extended to anything that is not an infinite resource, including medical care, education, housing, electronics, etc.. free market supposedly offer the most efficient allocation of resources.

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Anonymous dawn_puzzlepiece 11w

Socialism causes genocide cause whenever a country tries it the CIA comes a knocking

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Anonymous dawn_puzzlepiece 11w

you said slavery was good dawn

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Anonymous #1 11w

Okay, I understand that that is the concept of a free market. But why is socialism ‘bad’ ‘evil’ like so many people spout. Because explaining how the free market is supposed to help with allocation of resources doesn’t have any weight about socialism. You know what I mean?

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Anonymous OP 11w

The counter argument would probably attack the idea of creating pricing floors and ceilings, if you make rents artificially low then developers are less likely to create more housing, people will get apartments larger than they need, and it will result in inefficiencies that make things worse in the long run. It partly depends on specifically what you mean by socialism, I’m just using price controls as an example

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Anonymous #1 11w

But without regulation of markets you get monopolies, you get over reaching companies that buy up all the housing and now that they own everything they jack up all the prices. They refuse to build more housing or make it affordable so the public suffers. You need regulation or else human greed ruins everything

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Anonymous OP 11w

Bear in mind I’m just making the arguments I think an Austrian economist would make: the next line of reasoning might be that monopolies cannot form under true free markets creating pricing conditions because someone will compete with lower pricing or better quality. Government regulations, often lobbied for by large corporations, are what creates the conditions for these types of companies to gatekeep their niche

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Anonymous #1 11w

*free market conditions* idk why yak added “creating pricing”

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Anonymous #4 11w

Well it’s not ok. Slavery is one of the most evil things to happen to a person

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Anonymous dawn_puzzlepiece 11w

YOU said it was ok lmao

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