this post was submitted on 16 Jul 2025
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Yes, that is how the free market works. If people don't notice or are entirely focused on price, then they'll accept the lower-quality product. There will be a place in the market for luxury goods, but cheap alternatives need to exist as well for the price-conscious.
Yes, and that's why, even in brutal hypercapitalist America, we fucking regulate the free market.
And why we should abolish the free market in the long run, for that matter.
Because having the "freedom" to buy poisonous adulterated foodstuffs, if you're too poor to buy real good food, is like having the "freedom" to accept sub-minimum wages if you're desperate enough for money. Not freedom, but exploitation.
Abolish free market?
You want the government to control all the means of production and the distribution of wealth, and be able to dictate the prices of goods and services and wages?
Like it sounds nice, just like communism in theory.
Could it work out? Sure. Would it? I don't think so