schizoidman@lemm.ee to World News@lemmy.worldEnglish · 11か月前'Neoliberal capitalism' has contributed to the rise of fascism, says Nobel laureatewww.abc.net.auexternal-linkmessage-square312fedilinkarrow-up1835arrow-down128file-textcross-posted to: news@hexbear.net
arrow-up1807arrow-down1external-link'Neoliberal capitalism' has contributed to the rise of fascism, says Nobel laureatewww.abc.net.auschizoidman@lemm.ee to World News@lemmy.worldEnglish · 11か月前message-square312fedilinkfile-textcross-posted to: news@hexbear.net
minus-squarebarsoap@lemm.eelinkfedilinkEnglisharrow-up2arrow-down1·edit-211か月前 weak competition can happen with perfect knowledge by sellers and buyers. It can’t happen given perfect rationality as it’s not in the rational interest of the majority to allow a minority their monopolies. It’s a fucking theoretical model. The maths check out, that’s not the issue the issue is that it’s theory, with very glaring limitations.
It can’t happen given perfect rationality as it’s not in the rational interest of the majority to allow a minority their monopolies.
It’s a fucking theoretical model. The maths check out, that’s not the issue the issue is that it’s theory, with very glaring limitations.