Posted by: daskapitalist
Posting time: 3.7 years ago on
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Archived on: 6/12/2017 10:00:00 AM
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[–] Eualos 2 points 1 point 3 points (+3|-2) ago (edited ago)
Laissez-faire need only be stopped to prevent monopoly, which doesn't deal with human fallability or moral weakness, but rather domination by the very strong by developing a stranglehold on the market and supplanting a free market where all can competitively exchange their goods. Developing a monopoly isn't immoral or fallability, it's the result of running a company very well to its ultimate conclusion in terms of profit and competitiveness.
[–] Docta_pizza 2 points -2 points 0 points (+0|-2) ago
Agreed. I consider myself to be pretty strongly libertarian, but it seems clear that some government intervention/oversight is definitely required in order to prevent companies overrunning (and thus stagnating) entire markets. I would argue we need even more of that than we already have. Just look at the way the major ISPs like Comcast are able to muscle their way into favorable legislature, and keep prices high and speeds low for everybody since no other companies can really compete. I'm also beginning to wonder, at what point should the government step in and maintain some kind of free speech on mass-communication (though still private) websites like facebook or twitter. If the vast majority of people get any and all information from these very censor-heavy sites, that starts to become pretty worrisome I think.
[–] Eualos 2 points -1 points 1 point (+1|-2) ago
Agreed. I'm unsure what place Libertarianism ideals should hold with current tech concerns.