Ridiculous argument
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Replying to @centimint @johnnyphuqu and
Supply and demand dictate ultimately
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Replying to @CraigFM1789 @centimint and
how is there a free market when a handful of private equity and venture capital firms along with too big to fail banks with controlling shares in monopolies write policy for the military hegemon of global capitalism and throttle fiscal policy worldwide through the IMF
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Replying to @johnnyphuqu @CraigFM1789 and
you don't know what really existing capitalism is, you know a fairytale you were taught as a child and never bothered to learn.
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Replying to @johnnyphuqu @CraigFM1789 and
How do supply and demand dictate a market where a manufacturer with tenth of the sales of its competitors can artificially inflate its valuation by buying its own stock, discouraging investment in competitors with better sales and margins
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Replying to @johnnyphuqu @CraigFM1789 and
How do supply and demand dictate a market where a single government contract reduces supply cost by 90% for a single corporation that then drives its competitors out of business
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Replying to @johnnyphuqu @CraigFM1789 and
How do supply and demand dictate a market where Haliburton sees its stock price increase from $2 in 2002 to $20 in 2003 because of a convenient invasion of Iraq and convenient government contracts during the occupation
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Replying to @johnnyphuqu @CraigFM1789 and
where it's competitors in the broader energy sector have no opportunity to profit off of the illegal war
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Replying to @johnnyphuqu @centimint and
And what about Bob? You are describing situations where the government is creating opportunities,creating winners and losers.Government is a big fish, but ultimately in a free society, innovation is a bigger fish.Exploitive nature of capitalism depends on freedom of thought.
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They described exactly why you don’t live in a free market, hence proving you further wrong, and that’s just the federal government example. There’s numerous examples of local gov’s playing favorites and giving breaks and incentives to Amazon and other big corps.
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