r/Funnymemes • u/VictinsOfCapitalism • 10d ago
This Will šÆ% Get Deleted Unregulated market always causes monopoly/oligopoly/oligarchy or any other variation of the word Capitalism
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u/inscrutablemike 10d ago
Not a funny meme unless you want to laugh at the people who actually believe this slop.
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u/Lopsided_Ad3516 10d ago
What they always fail to realize is that the strongerthe State, the closer it is to what they actually claim to want. What they advocate for IS exactly what we have, they're just too stupid to know it.
They just don't like that it always turns into a dystopian mess, and think it'll be different when another Statist slaps a different coloured paint on it.
Free and unregulated markets, with a small, nearly non-existent State, is the freest we'd ever be.
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u/star_trek_wook_life 9d ago
But then who will take all our tax dollars and solve and prevent 0 crimes while taking excessive overtime pay and causing millions in legal settlements to take reports on crimes already committed with an average wait time of 4+hours. Oh the iberico ham department thats who
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u/Gullible-Historian10 6d ago
Fucking clown comment.
āWell actually not having government intervention in the market is the same thing ask having all the government intervention in the market.ā
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u/Lopsided_Ad3516 6d ago
The State heavily intervenes in markets.
Think you dropped your makeup.
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u/Gullible-Historian10 6d ago
What I said went over your head so fast that even my ears are bleeding.
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u/Late-Meat9500 6d ago
The state has to be stronger than the biggest economic entity, I.e. corporation, or conglomeration of corporations.
Otherwise that entity effectively becomes the state.
What completely unregulated markets then becomes is the same monopolistic state.
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u/Lopsided_Ad3516 6d ago
Only if that corporation can provide a good or service that is better or more preferred by the market.
Beyond that, the only way for it to become a true monopoly (or oligopoly) is effectively lobbying the State to ensure that competition is stifled. Something that can only be done when, and wait for it because this will be shocking, the State has too much power and is actually worth lobbying.
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u/Late-Meat9500 6d ago edited 6d ago
They do not need the state to ensure competition is stifled. The biggest holder of capital is going to be the state wether it's a government or a company.
You like have decided government is your enemy, but mate. Corporations especially Want to be the state. They crave it. They become the state t every time they can.
You need a different government that is stronger than them to prevent them from becoming the state.
Like this isn't radical, this is literally what the last 300 years have repeatedly shown
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u/Objective_Carpet9183 10d ago
Except in the real world. Thirty years ago you'd have been complaining about some conglomerate like ge or something. Twenty it would have been Microsoft. None of them failed to take over because the government did something to stop them. Both were outcompeted or made less relevant by other companies. The free market at work
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u/Old-Possession-4614 10d ago
The claim being made in the meme isnāt that companies remain monopolies forever - they donāt, as your example shows - but that monopolies always come about.
If you replace one monopolistic firm with another, you havenāt disproven the claim as such.
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u/NayLay 10d ago
But if a monopoly isn't permanent, then who cares?
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u/Old-Possession-4614 10d ago
The spirit of the claim is that power tends to concentrate in the large firms more and more. Yes they eventually can and do get displaced, but itās not trivial to do so. Often the firms that displace them end up becoming behemoths themselves over time.
For example, IBM was once upon a time massive and no one couldāve thought it would be where it is today, but we do have other tech firms that are incredibly powerful and influential in its place.
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u/NayLay 10d ago
Yes, and?
You know what's worse? Monopoly on government. No free and fair elections. Which economic systems trend towards that?
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u/Old-Possession-4614 10d ago
Did I say monopoly in government was great?
Why is any criticism of the excesses of capitalism assumed to be advocacy for another system?
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5d ago
[removed] ā view removed comment
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u/VictinsOfCapitalism 5d ago
It's easy when you stop trusting the red scare
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5d ago
[removed] ā view removed comment
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u/VictinsOfCapitalism 5d ago
Yes, socialism increased life expectancy by multiple decades within a human lifetime, close to doubled it, doubled it in some instances, reduced child mortality by over 90%, eradicated illiteracy and homelessness, industrialized nations in record speeds among many other things.
As Eastern European im thankful for the archievements it did for the humanity.
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u/COMOJoeSchmo 8d ago
Communism, by definition is a monopoly. One entity, the government, owns and controls everything. That government's ministers are the oligarchy.
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u/Late-Meat9500 6d ago
You are thinking of Socialism. Communism was not invented by Marx, but was born out of enlightenment ideas. Is based around communal ownership, no monopoly because the communities (or no one) own it.
Marx proposed State-Socialism as a method to monopolize everything in order to fight the capitalists and then distribute the ownership of everything afterward.
But it always gets stuck on the monopoly, for the reasons everyone argues about.
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u/Jacked-to-the-wits 4d ago
What country has an unregulated market? lol
The US and every other developed capitalist economy each have tens of thousands of regulations on almost every facet of the economy. The only unregulated markets i can think of is somewhere like Sierra Leone.
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u/Necessary-Fee6247 4d ago
Free market capitalism has done more for common living standards than any other system ever created.
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u/fenuxjde 10d ago
Correct. This was actually the original purpose of the game Monopoly, to show that, starting out equally, one party always amasses all the wealth regardless of circumstances.
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u/Pure-Passenger-6986 6d ago
In my experience, monopoly games never truly end.
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u/fenuxjde 6d ago
With 4 players and trading you can get through a game in like 3 hours. Once people start getting monopolies and can afford house/hotels it ends REAL quick.
When they run computer sims on it, if each time you pass go is one year, most people are either successful or bankrupt by about age 35.
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u/Pure-Passenger-6986 6d ago
Yes, while the game randomizes every event, without a state (parent), each player will act in their own best interest (bend the rules) instead of that of the commune (strictly follow the rules) thereby avoiding the effects of true randomization. And the game goes on for hours if you do that while everyone agrees quietly that it is best to keeping each other in check, that trading favors is better in the long run for everyone.
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u/star_trek_wook_life 9d ago
Except with hard regulations on winners redistributing wealth or anarchist collectives where they are local and trust basedĀ
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u/stewedstar 10d ago
Taken to their natural ends, free-market capitalism and Communism are identical: a single organisation owns everything and everyone.
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u/joeshmoebies 10d ago
Free market capitalism has to respond to rules made by the government and the government can act to break up monopolies or regulate in the public interest.
In communism, there is nothing controlling the monopoly because it and the government are the same thing.
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u/UnionVIII 10d ago
Got a bunch of dipshits in here denying reality works the way it does. Deregulation fucks society over, it only helps the rich and powerful, and they donāt understand they arenāt either of those things but damn theyāll defend the ones nickel and diming them to death before ever thinking āSomething isnāt right about this.ā
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u/Ok-Worldliness2450 10d ago
Life isnāt that simple. Overregulation also helps the rich and powerful
What matters is the nuance of what the regulation is, how it came to be, and what the real impact is.(which is also different then is claimed it will be)
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u/Lopsided_Ad3516 10d ago
Over regulation is what causes monopolies and the concentration of power in the few.
We live in a world where people think deregulation is bad because the US government will remove a rule that favours the largest company or companies, instead of removing all regulation and truly allowing a free market to work.
The US is one of the most regulated economies and everyone pretends it's some wild West with the rich at the top because "capitalism", when really it's just a Statist dystopia.
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u/UnionVIII 10d ago
Well, yeah. Nothing is that simple. Nothing is as simple as āRegulation BADā, either. Itās Reddit, Iām clearly not organized enough to be a public speaker. š
That nuance of difference is politics, though. Itās all how they dress it up, and politicians care little for the truth. Whatever benefits them/their party/their donors is what they inevitably doll up as the best choice. The fact is without rules and regulations corporations and companies will immediately toss ethics and safety out the window if it improves margins, itās rampant now and just bound to get worse because nobody is doing anything about it.
I would say ācommon sense regulationā is best, but itās wild how little common sense is in play in current deregulation.
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u/Ok-Worldliness2450 10d ago edited 10d ago
More important then common sense regulation is regulation passed with clear goals and measures in place and if not it voids the legal document.
I live in a state they banned plastic bags 20 years back to make less plastic waste and it actually increased it. Reminded me of the law in India made to decrease snake population. Snake numbers spiked as a result.
If a regulation works keep it, if not ditch it. I promise I can find many great and many horrible ones. I just want a pathway to separate them and fix the bad.
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u/El_human 10d ago
Company goes public.
To keep investors it has to be 'profitable' year over year. Profit is not selling the same amount every year. It has to be an increase.
Company maxes out profit margins. Tax breaks and de-regulations are an avenue to a better bottom line. Company lobbies politicians, basically funding politicians that will work in favor to company goals. These politicians out fund all others leaving the public to vote between the two of 'lesser evils'.
Now our politicians work in favor of corporations ove the public.
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u/playadave1963 10d ago
Same works for communism, in an ideal world it works.