In theory the capitalist “free market” was supposed to mean that customers are free to choose, it was supposed to be a better alternative to the monopolies of mercantilism.
Then why can’t I buy a BYD car in the US? Why can’t a concert venue sell tickets without paying protection money to LiveNation? Why can’t all merchants transparently display and pass through all the fees that Visa, MasterCard etc. charge them? I could go on all day, the USA is not a free market.
That’s always been “free” as in “market”.
In theory the capitalist “free market” was supposed to mean that customers are free to choose, it was supposed to be a better alternative to the monopolies of mercantilism.
Then why can’t I buy a BYD car in the US? Why can’t a concert venue sell tickets without paying protection money to LiveNation? Why can’t all merchants transparently display and pass through all the fees that Visa, MasterCard etc. charge them? I could go on all day, the USA is not a free market.
I should have said “free as in predator”.