this post was submitted on 30 Apr 2026
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[โ€“] yakko@feddit.uk 1 points 3 weeks ago (1 children)

They say the purpose of a system is what it does, and mainly what 'the market' does is transfer wealth upwards.

[โ€“] LH0ezVT@sh.itjust.works 1 points 3 weeks ago

That is the main purpose behind modern neoliberal turbocapitalist bullshit, yes. Explicitly designed to concentrate wealth.

The intended purpose of market economy is to optimise production. It's a shame that it works only in very limited circumstances with heavy regulation, and only for as long as the ones participating in the market do not influence the regulation.