this post was submitted on 09 Dec 2023
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It's free from regulations. That's why it's called that. It's not about freedom for consumers, it's about the ability for companies to freely influence the market without worrying about silly things like ethics and fairness. Lack of regulation would enable monopolies, correct; that's what a free market would do. We need a regulated market, which - as I explained in the last post - is the opposite of a free market, in order to allow for regulations that prevent monopolies.
Currently, we have an effectively free market in the US. The regulations we have put in place are dysfunctional at best and completely broken at worst, which is what is currently allowing companies to form effective monopolies and benefit from slave and child labor. We have far too few real, impactful regulations, and half the US population thinks we need even fewer.