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Politics : Libertarian Discussion Forum -- Ignore unavailable to you. Want to Upgrade?

To: I Am John Galt who wrote (277)	7/1/1998 1:07:00 AM
From: Daniel W. Koehler	Respond to of 13060

matty What I mean by free markets is freedom of entry; fairness is another question. Free markets aren't necessarily fair from the POV of the individual vendors. You get in the poker game with different products, different business plans, management and access to capital and the market tells you very quickly if you're a winner or a loser. Remember Osborne computers? Had the first portable PC - used the CP/M operating system. Compaq used MSDOS. DId the DOJ intervene to insure that there were two choices of portable operating systems? No. The markets chose the winner and the loser went bye-bye. The market does not subsidize vendors to keep them in the game just as you don't subsidize losing hands in a poker. Unless a big ugly sidekick of the losers puts a gun to your head in the name of "poker fairness". Ciao, Daniel