this post was submitted on 20 Aug 2023
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I, a socialist don't. I think however they should be tightly regulated. And kept away from basic necessitys.
Markets have proven time and again to only serve oligarchs, or create oligarchs to serve. When left to their own wont. If we can choose to participate or not in the markets. Then there is no issue with markets. When we're slaves to the markets as we currently are however. No one is free.
Markets have lots of issues; you just named a bunch. Markets are subject to all kinds of hidden information manipulation contrary to prompting non cooperation and solving for individual maximums via exploitation like you literally outlined. Your wish to magically regulate them is just going to be corrupted.
Which is why I specifically mentioned decoupling from necessities. Regardless it seems like we are both blocked from the community LOL. But it's not like I expected more from the community based around memes