

There are two factors necessary for a truly free market that prevent any capitalist system from actually being a free market. They are:
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Consumers need to have perfect information about the products and the companies that make and/or sell them - in other words, companies must not be able to hide their sins.
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There needs to be zero friction for new entrants into the marketplace, whether that is from costs to start up a business, or anti-competitive behavior from other companies with money to throw around.
It is impossible to achieve either of these in the real world.








Amazon is a service. That service is becoming materially worse (I have a harder time finding what I’m looking for because of the flood of substandard products and Amazon’s preferential search treatment practices, and even when I do find what I’m looking for, there’s a sizable risk that it’s a fake). This is very much enshittification; they captured the market share, and now they’re squeezing it. Anything that makes them more money but is worse for the consumer, they do. Anything that is better for the consumer but costs them money, they don’t do.