Amazon pushes up prices across the Internet

Re:Amazon pushes up prices across the Internet by Xelbair on Wednesday October 14, 2026 @08:16AM (#50086485)

>Isn't "free market capitalism" is doing its job here, rewarding the best player of the game into brand-godhood?

only if you think free market == unrestrained market

as monopoly is antithesis to capitalism itself, whose main principle is competition.

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Re:Amazon pushes up prices across the Internet by numbsafari on Wednesday October 14, 2026 @10:30AM (#50088319)

Capitalism's main principle is not competition, it is merely the private ownership of the "means of production".

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Re:Amazon pushes up prices across the Internet by Gormo on Wednesday October 14, 2026 @11:08AM (#50088826)

And where is any monopoly involved in this situation?

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Re:Amazon pushes up prices across the Internet by OroPla on Thursday October 15, 2026 @10:00AM (#50103816)

Just so we are all on the same page, capitalism is when:

.. the "means of production" (factories, employees, computers, tools, etc.) ..

.. are "privately owned" (as opposed to state owned) ..

.. for "profit" (so you do not have to live paycheck to paycheck).

This is a good idea, because otherwise the state would have a monopoly on everything by definition. Monopolies can form under capitalism, but that's where the state should take action. Remember when Standard Oil became a monopoly and was broken apart by the state under capitalism back in 1911? A failure of the state isn't a failure of capitalism, which is also why I can't understand people wanting communism, which would give the state a monopoly on everything, when what we are witnessing is already a failure of the state.

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