Re:US Cities Are Paying Too Much for New Transit Buses
by littlestymaar on Friday September 26, 2025 @03:46PM
(#45390318)
There's no such thing as a “competitive market” in the real world.
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Re:US Cities Are Paying Too Much for New Transit Buses
by samdoesnothing on Friday September 26, 2025 @03:55PM
(#45390407)
Yes there is.
Re:US Cities Are Paying Too Much for New Transit Buses
by littlestymaar on Saturday September 27, 2025 @03:01AM
(#45393723)
Name a single one then.
It's funny to see that this was my most downvoted comment ever on HN.
Looks like blasphemy against the “free market” religion isn't tolerated here.
Re:US Cities Are Paying Too Much for New Transit Buses
by frollogaston on Sunday September 28, 2025 @01:53AM
(#45402077)
All the other kinds of insurance
Re:US Cities Are Paying Too Much for New Transit Buses
by littlestymaar on Sunday September 28, 2025 @02:36PM
(#45406715)
Ah yes, like the health insurance market, so competitive it took a CEO murder to fix abusive practices from the dominant actor.
How compelling of an example, really.
Re:US Cities Are Paying Too Much for New Transit Buses
by frollogaston on Tuesday September 30, 2025 @08:16PM
(#45432894)
To clarify, "other kinds of insurance" means not health insurance
Re:US Cities Are Paying Too Much for New Transit Buses
by ninalanyon on Saturday September 27, 2025 @03:55AM
(#45393931)
You first have to agree on a definition of free in this context. When Adam Smith was writing the Wealth of Nations most of the transactions in the market were between entities with more or less comparable power. Local people bought stuff from local suppliers. This is very much not the case any more when it comes to transactions involving private individuals on one side and corporations on the other.
Re:US Cities Are Paying Too Much for New Transit Buses
by frollogaston on Wednesday October 01, 2025 @04:51PM
(#45443341)
This is true but beside the point. I don't care either way what you count as a "free" market or whether such a thing exists, you can just say that health insurance is less free than almost any other market.
Re:US Cities Are Paying Too Much for New Transit Buses
by itsmek on Friday September 26, 2025 @05:11PM
(#45391065)
Global commodities are not competitive?
Re:US Cities Are Paying Too Much for New Transit Buses
by littlestymaar on Saturday September 27, 2025 @02:59AM
(#45393708)
What commodity isn't ruled by intergovernmental agreements, a cartel, a monopsony or something else?
Please name just one.
Re:US Cities Are Paying Too Much for New Transit Buses
by itsmek on Sunday September 28, 2025 @12:33PM
(#45405677)
Gold
Re:US Cities Are Paying Too Much for New Transit Buses
by littlestymaar on Sunday September 28, 2025 @02:34PM
(#45406700)
Gold isn't really a commodity. It's mostly used and traded as an asset.