You are correct. There would be no copyrights or patents in a free market.
This is 100% capitalism. It’s not free market to have a goverment-enforced monopoly.
ConsistentParadox@lemmy.ml 4 weeks ago
lud@lemm.ee 4 weeks ago
Yeah, the huge companies would dominate over small companies even more than they already do.
ConsistentParadox@lemmy.ml 4 weeks ago
Copyrights and patents are literally government enforced monopolies for huge companies. Without them, there would be a lot more competition.
lud@lemm.ee 4 weeks ago
Really? Calling it a government enforced monopoly seems very disingenuous.
Good luck trying to make a movie without Disney stealing it or making an invention with really effective solar panels or something without the biggest companies stealing it and bankrupt the original creator.
Copyright and patents protect everyone involved in creation and while there are a LOT of problems with the systems. Removing it entirely seems like the biggest overcorrection possible.
barsoap@lemm.ee 4 weeks ago
Or trade secrets. “Perfect information” is a bitch. Not to speak of “perfectly rational actors”: Say goodbye to advertisement, too, we’d have to outlaw basically all of it.
frezik@midwest.social 4 weeks ago
Trade Secrets don’t need to be enforced much by law. You can create an ad hoc trade secret regime by simply keeping your secret between a few key employees. As it happens, there are some laws that go beyond that to help companies keep the secret, but that only extends something that could happen naturally.
barsoap@lemm.ee 4 weeks ago
To get closer to the free market there would have to be a duty to disclose any- and everything that’s now a trade secret, no matter how easily kept. To not just get closer but actually get there we all would need to be telepathic. As said, perfect information is a bitch of a concept.
avidamoeba@lemmy.ca 4 weeks ago
Are you telling me that the axioms behind the simplistic model are wrong??
shocked-pikachu.jpg
barsoap@lemm.ee 4 weeks ago
It’s not so much that they’re wrong is that they’re impossible in practice. Axioms, by their very nature, cannot be justified from within the system that they serve so “true” or “false” aren’t really applicable.
The model does have its justification, “given these axioms, we indeed get perfect allocation of resources”, that’s not wrong it’s a mathematical truth, and there’s a strain of liberalism (ordoliberalism) which specifically says “the state should regulate so that the actually existing market more closely approximates this mythical free market unicorn”, which is broadly speaking an immensely sensible take and you’ll have market socialists nodding in agreement, yep, that’s a good idea.
And then there’s another strain (neoliberalism) which basically says “lul we’ll tell people that ‘free market’ means ‘unregulated market’ so we can be feudal lords and siphon off infinite amounts of resources from the plebs”.
Peruvian_Skies@sh.itjust.works 4 weeks ago
To be fair, we absolutely should outlaw at least 99% of all currently oracticed forms of advertising and make it so that new forms of advertising have to be whitelisted by a panel of psychiatrists, sociologists, environmentalists and urban planners before they’re allowed.
Maggoty@lemmy.world 4 weeks ago
What’s government enforced about it? Is ARM the only allowed chip maker for cellphones?
explodicle@sh.itjust.works 4 weeks ago
Copyrights and patents
Maggoty@lemmy.world 4 weeks ago
That’s not a government enforced monopoly. A government enforced monopoly means nobody else is allowed in the market. Like utility companies.
Overshoot2648@lemm.ee 4 weeks ago
Lots of Utilities are consumer cooperatives which is funnily enough Socialist, but the people working there wouldn’t like to hear that.
explodicle@sh.itjust.works 4 weeks ago
Nobody else is allowed to sell these licenses
bamfic@lemmy.world 4 weeks ago
Lol copyrights and patents are capitalism
explodicle@sh.itjust.works 4 weeks ago
I agree
fushuan@lemm.ee 4 weeks ago
license enforcement is a thing because if someone bypasses it you can sue them, which is a government interaction. Technically, claiming X means nothing if there’s no one that enforces your claim.
Maggoty@lemmy.world 4 weeks ago
Yes but that rule protects you the same as it does them. They can be a monopoly if nobody else can get their chips sold but they cannot be a government enforced monopoly unless nobody else is allowed to sell chips.
fushuan@lemm.ee 4 weeks ago
That’s your interpretation and that’s fine but I understand that they have a monopolies because their patent is broad enough to be hard to create alternatives, and the patent is government enforced. That’s how I understood it at least.
In any case, I don’t really mind if you want to keep using your interpretation, I was just trying to rationalise what the other commenter said and explain what I though was their point of view to say what they said.
Have a great day.
chakan2@lemmy.world 4 weeks ago
This is textbook late stage free market ideals at work. This is how the free market always ends.
FinalRemix@lemmy.world 4 weeks ago
X -
The system is broken.✅ - The system is working exactly as intended and must be destroyed.
Buffalox@lemmy.world 4 weeks ago
Problem is that most people who say that, have nothing to replace that works better.
explodicle@sh.itjust.works 4 weeks ago
Liquid democratic socialism
explodicle@sh.itjust.works 4 weeks ago
Yeah the system that actually exists, capitalism.
AngryCommieKender@lemmy.world 4 weeks ago
The system is down
sunbeam60@lemmy.one 4 weeks ago
Sorry have you been around to observe a lot of free markets ending?
trashgirlfriend@lemmy.world 4 weeks ago
Gestures wildly at current state of things
sunbeam60@lemmy.one 4 weeks ago
Yes but the statement was “this is how free markets always end”. And I’m just wondering if the commenter has actually been around to see “free markets ending.
Petter1@lemm.ee 4 weeks ago
There are lots of different kinds of markets, like phone market, grocery market, goldsmith market, etc.
The governments have to interfere in many markets all the time, that there aren’t monopolies forming or Price-fixing agreement be done, which would lead to prices go ridiculously high, or last companies in markets fucking up taking tons of knowhow with them.
explodicle@sh.itjust.works 4 weeks ago
When did it start?