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[–]MRPockets0 points
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The free market doesn't necessarily deal with the immediate; it looks at the long term primarily. Yes, you can have idiots who pop-up, but a truly free market (which we most certainly don't have) would reject those idiots. The case of the bad USB-C cables that is currently making news is actually a decent example; bad actors are in the market, people realize they are bad actors, and those bad actors will soon go away because people will stop buying from them. That doesn't mean that there will be no more bad USB-C cables, but the people selling them right now will lose credibility, people will find the good actors, and new bad actors will eventually suffer the same treatment.
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[–] MRPockets ago
The free market doesn't necessarily deal with the immediate; it looks at the long term primarily. Yes, you can have idiots who pop-up, but a truly free market (which we most certainly don't have) would reject those idiots. The case of the bad USB-C cables that is currently making news is actually a decent example; bad actors are in the market, people realize they are bad actors, and those bad actors will soon go away because people will stop buying from them. That doesn't mean that there will be no more bad USB-C cables, but the people selling them right now will lose credibility, people will find the good actors, and new bad actors will eventually suffer the same treatment.