Comment on I wonder why the world is on fire? A mystery

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azureskypirate@lemmy.zip ⁨1⁩ ⁨week⁩ ago

I agree with you that almost no one wants free market capitalism, but for a different reason. A totally Free Market or Lazzie-Faire style of government oversight doesn’t correct market failures.

An example of a market failure: between 2022 and 2025, the top 3 US egg producers colluded to raise prices above market levels, and the government intervened–with a lawsuit that ended with a $3.3M settlement.

Link to AP article

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