Message from @ETBrooD
Discord ID: 685470727498891304
okay how about this, my company competes directly with you and makes products services cheaper than what you can afford.
is that force?
or is that the principle of the free markets
Did the company use violent means, or threats, or anything like that?
nope just made my products cheaper which say you can't do so
Then there's no use of force
cool so i have now wiped you out of competition and taken over your share
thats completely fine right
and by that i mean your market share
your customers come to me cos its cheaper
I didn't say anything about morals, I'm talking about the mechanics. It is capitalism if it's done that way.
im talking about the free market principles here
theres no state intervention
it's just the markets working with me to overthrow you
they shall
NOT BE INFRINGED
🟨
The result of another company going out of business if my own company succeeds is only a consequence, it's not a cause-and-effect chain. I do not make other companies go out of business by being successful myself.
also nah I'm not that libertarian laissez-faire really
just thought saying that would be funny
Operating in the free market contains competition, there's always competition. So of course people go out of business all the time.
cool so if i keep becoming larger and larger it should be fine
as long as i don't use force
to thwart my competition
As long as you don't use any sort of force or threat thereof.
and become a monopoly
its still fine
as long as i dont use force
You keep saying "it's fine". But that's not my argument. My argument is that that's how capitalism works.
I'm only saying how it works, not whether it's all good and fine.
cool
if theres no regulation and no force, monopolies can exist and it'd be fine
Monopolies exist either way. In fact in a socialist setting there are much greater monopolies, while at the same time people being worse off overall.
capitalist mode of production doesn't exist in a socialist society
there's no surplus
That's a fancy way of saying socialism creates starvation.
socialist societies ideally form after the success of capitalist societies, with the capital and technological advancement achieved it moves towards a more co-operative societies
thats just the theory
Socialist societies ideally don't form at all. They destroy the market.
markets exist regardless
have been for thousands of years