>>72841
>Poisoning them over the course of ten years in a manner that can't be traced back to them, or which they can hide behind the shield of "best practices," if it comes along with a large enough profit margin? Why not?
Because once it comes to light, you're the target of massive class-action lawsuits and your profits collapse because nobody is willing to buy from you or insure you.
>Look at the finance industry and their utterly unsustainable vampiric business model: they create imaginary money, diluting the relationship between money and wealth and making everyone else poorer, then they use that money to buy physical objects and when the bubble pops and all that money disappears, they're left with the material product of labor and everyone else is left with nothing.
Oh, and I'm sure the state monetary system has nothing to do with that. It's not like alternative currencies are outlawed or anything (sarcasm, by the way).
>This effect gets worse as regulations are relaxed, not better.
Care to prove that? How easy do you think it is to open a competing bank under our current regulatory structure?
>You can argue that without bailouts this could only happen once, but the executives in charge ended up rich enough that they could easily start a new business doing the same thing a couple of years down the road.
Considering that the government makes it illegal to sue those people for failing to meet their financial obligations….
>These are commodities, there is little to no demand for any specific brand.
Apple called….
>And what happens when the editors of those apps start taking bribes to overlook certain practices, or one business dumps a bunch of dirt they've collected on another?
They lose business and get sued into poverty on account of the fraud.
>Eventually the truth will come out, but it could have substantial effects on the market for years or even decades.
I see we're dealing in wild conjecture now.
>My point is that freed markets still aren't free because there's economic pressures that work against efficiency of the market.
You keep saying this, but you have failed at every turn to actually establish this.
>>72844
>Yes, just like that.
So again; what actual argument (not mere conjecture) do you have that establishes that the free market would actually be worse.
>So how does the free market solve the problem?
When banks are no longer protected from the consequences of irresponsible loans, and a single state currency no longer dominates the currency supply by law, the market is then actually permitted to function in the realm of money. When a given currency has competition, and the banks are all in competition with one another, you have something called "free banking", which historically has performed very well. States have legislated it out of existence because it restricts their ability to do all those things.
>there are ways to manipulate the economy that the free market is not prepared to deal with.
Again, you say that, but so far nothing you've said has stuck.
>the free market is not a magic bullet that can destroy all evils
Of course it isn't, because the free market isn't any one thing. "The free market" simply refers to permitting people the freedom of trade to find solutions to those problems. The free market never solves anything; it merely permits people to do so. It simply fails to restrict the natural tendency of people to solve problems.
>"okay, there are no rules, everyone go out and make as much money as you can by whatever means necessary."
That's not how the market works, though. There are rules, simply as a matter of nature. Nobody had to make them; they emerge as a consequence of the nature of things. Scarcity, supply, demand, diminishing marginal utility, the discipline of constant dealings, and so on. Nobody is above these laws, and failing to act accordingly is to invite disaster upon yourself.