Nostr

Aha. I can't tell about ex soviet countries, in my country the closer we get to free market the more we burn 😀. That is for sure. I think the same happens to other countries too, but a lot depends on trickle down, the kind of oligarchs of the country and the size. Not a standard though. What you told for example about the price and aboundance of a product, is almost the same for regulated markets also. The main difference of the free market is about borders and tariffs i think. Laissez faire, laissez passe as Adam Smith was saying.

9sirtom5 1y ago

Well but again you need to look for real underplaying purpose, in all cases I saw it was not because of free market but someone using rhetoric of free market but I reality regulating, intervening, centralizing, or plainly stealing 😅.

The main problem/difference of regulated market is distortion of information (aka price) thus ALWAYS making market less effective then it could be in theory.

Price is the most effective messenger of information we know of and the whole world is so complex that no centrally planned system can ever substitute it (and I'm even taking the situation where authority is working in good faith which is not the case in reality, in reality decisions are made to be reelected, to get personal gain etc.)

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nami 1y ago

What you say in the first paragraph is especially true. The problem is, it is not clear who wants to steal or not. So when i hear free market... 🤬. Glad you don't fall for it.

Yes price is information (and more).

I also don't like centralisef plans in general. But right now, you can call decentralisation the right of each country to have its own rules, but this is intervention so probably you don't mean that. What do you mean by decentralisation?

9sirtom5 1y ago

I mean put every decision to lowest level possible for each of that issue (Ideally down to individua in most cases).

So generally yes, country better then EU, region better then country, village better etc. etc.

Simplified example: Village can decide if to invest into pavement or to playground (not possible nowadays because EU is setting rules for what subsides can be used to and so on)

Funny side note: Actually this should be basic principle of EU and it's written everywhere in EU documents - the subsidiarity principle. Unfortunately in praxis they say everything is matter of over national importance, so everything need to be decided on EU level 😅

nami 1y ago

Ok i agree with that.

So to conclude, in the note below, you are not against the french farmers since their opponents didn't play with real free market conditions but exploited regulations in the name of free market

Right or not?

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9sirtom5 1y ago

Yeah.

In this case is very hard to pick side since the whole industry in EU is so regulated and subsidized that it would be hard to find something farther from free market 😅.

But as usually the farmers (and consumers) at the end of that chain are the one suffering most.

nami 1y ago

I am with the farmers. Local food production should be protected. Also consuming fuel to send food in a place far away does not sound ideal at all to me.

Maybe there should be rules and internventions for specific stuff. Maybe not for some others. Different situations may need different approach. I usually don't support the "one size fits all" view...

9sirtom5 1y ago

https://mises.org/mises-wire/theres-nothing-wrong-buying-local-except-when-government-tells-you

nami 1y ago

Yes i agree with that. Let me refrase. I support local food production specifically, especially the one that comes from small farmers and not big food industries (small farmers is the usual case here in Greece).

9sirtom5 1y ago

100%

nami 1y ago

If you are in the mood, we can go deeper to the rabbit hole. By chance i read this article today, just now (it is a recent article). https://canadianpatriot.org/2025/01/07/how-an-austrian-and-british-malthusian-brainwashed-a-generation-of-americans-2/

What do you think?