Linked by Thom Holwerda on Tue 10th Apr 2007 17:38 UTC, submitted by WillM
"At first glance, the FSF and the Commission attacks on Microsoft appear to be unrelated. But the common thread is this: the attacks are based on a lack of faith that consumer demand will lead a market to where consumers want it to be. It is based on a faulty assumption that a company can use its intellectual property to harm competition rather than fuel it."
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Member since:
2007-04-10
The assumption that a "free" market will solve any problem and nothing bad will ever happen and it can only benefit consumers is completely ridiculous. Sure, a free market can benefit consumers, provided there's sufficient competition, a feasible cost of entry etc.. Proudhon had a good point when he said "Competition kills competition", though. In other words, a free market based on competition will become monopolised and very unfree without any kind of intervention. Free market fundamentalism is as stupid as state Marxism.