this post was submitted on 03 Nov 2023
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Why? Isn't this just capitalism? They're just using algorithms to squeeze us further.
Well, as you've likely noticed, capitalism only works a theoretical construct. It makes the assumption of an 'ideal' market, which very much violates the laws of physics. As a result, no country actually employs unregulated capitalism.
Adam Smith wanted regulated capitalism.
Free market capitalism was never his idea. That's robber barons like Jeff that promoted that shit and came up with the idea.