Message from @Ranko

Discord ID: 540327736250466315


2019-01-31 00:27:39 UTC  

if you can't buy a slave, you're not in a free market

2019-01-31 00:27:42 UTC  

In law, there is the language of how much a company "controls" of a market share, which can be very misleading.

2019-01-31 00:27:42 UTC  

Internet Providers, ahhh that one. Yeah the right-away legislation is so regulated by each of the states, that its impossible to compete. So yeah regulation did it again.

2019-01-31 00:27:48 UTC  

found the ancap

2019-01-31 00:27:54 UTC  

@Ranko the US has slaves you can buy, h2b visa slaves

2019-01-31 00:27:58 UTC  

A company can be the only one in a particular market without having control over it.

2019-01-31 00:28:07 UTC  

you still have to pay those though @Misomania

2019-01-31 00:28:16 UTC  

i want an american slave, not that cheap bootleg stuff

2019-01-31 00:28:27 UTC  

isn't it that if it controls more than 80% of the market its a monopoly?

2019-01-31 00:28:28 UTC  

when there is no other valid choice you have a monopoly

2019-01-31 00:28:29 UTC  

Yes, that is a good observation.

2019-01-31 00:28:49 UTC  

When there are dynamics that keep new companies out of a market, it's usually due to regulations, not for lack of them.

2019-01-31 00:28:52 UTC  

@EndangeredProdigy barely, they don't pay them a fraction of a liveable wage and make them have 8 or 10 room mates in a 2 bedroom subsidized apartment

2019-01-31 00:29:00 UTC  

and when there is a monopoly the free market balance is broken the company can do whatever they want

2019-01-31 00:29:07 UTC  

and since it will not affect their sales

2019-01-31 00:29:11 UTC  

There have been a lot of monopoly laws and anti-trust laws that were completely unnecessary.

2019-01-31 00:29:14 UTC  

since there is no other choice

2019-01-31 00:29:27 UTC  

you broke the free market self-regulation

2019-01-31 00:29:27 UTC  

As soon as one company would break the agreement to charge lower prices, it would dissolve.

2019-01-31 00:29:30 UTC  

the moment when you have sole control of the market, and can influence it without opposition

then you have a monopoly

2019-01-31 00:29:31 UTC  

there can only be a free market in areas where the bar to enter the competition is low enough

2019-01-31 00:29:31 UTC  

@Strufa and you cant ever have a monopoly when it comes to the internet. Not without draconian regulations

2019-01-31 00:29:33 UTC  

Those are very unstable constructs.

2019-01-31 00:29:38 UTC  

@Ranko so hire from a prison, they can legally be slaves sold to you

2019-01-31 00:29:40 UTC  

@Strufa and even those are ineffective

2019-01-31 00:29:43 UTC  

Honestly, how I feel the ISP problem can be fixed, is that they should break them up, and they're only allowed to own lines in a single state.

2019-01-31 00:29:44 UTC  

That is not necessarily true.

2019-01-31 00:29:58 UTC  

if you need billion of dollars of infrastructure to start, you'll never make it

2019-01-31 00:30:06 UTC  

misomania slaves from prison arent as biddable as other kinds

2019-01-31 00:30:08 UTC  

@Strufa cause you can run stuff in a decentralised fashion, thus there is nobody to hold accountable.

2019-01-31 00:30:15 UTC  

since they can be harden criminals

2019-01-31 00:30:22 UTC  

If you raise prices beyond a certain level you can expect a fall in demand.

2019-01-31 00:30:33 UTC  

And it will also make it easier for competition to enter the market.

2019-01-31 00:30:35 UTC  

@Achlys some companies can and do hire slaves from prisons... the old license plate meme

2019-01-31 00:30:40 UTC  

depends the necessity of the product

2019-01-31 00:30:43 UTC  

that doesnt change the fact that a very big company can have a virtual monopoly

2019-01-31 00:30:47 UTC  

So Centurylink for example can only run shit in Louisiana. And all the other state monopolies they have will have to goto other owners/companies.

2019-01-31 00:30:57 UTC  

if they are so big no one will actually pay for a new rising competition

2019-01-31 00:31:00 UTC  

since they suck

2019-01-31 00:31:05 UTC  

People must be tired of me quoting Thomas Sowell at this point, but read Basic Economics.

2019-01-31 00:31:15 UTC  

@Strufa you just shouldnt deal with american tech companies to begin with