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Comment free market assumptions (Score 3, Interesting) 494

From economics, a free market is based on the following assumptions.

Read these assumptions and decide for yourself, does free software or propriatory software fit the free market model the closest?

In my opinion many of the industries crying out in the name of free market economics are in fact the industries furthest away from these assumptions.

1. First, markets must be economically
competitive - meaning the numbers of buyers and sellers must be so large
that no single buyer or seller can have any noticeable effect on the
overall market.

2. It must be easy for new sellers to
enter enterprises that are profitable and easy for sellers to get out of
unprofitable enterprises, so that producers are able to respond to market
signals of consumers' wants and needs.

3. Consumers must have clear, informative
and accurate information concerning whether the things they buy will
actually meet their wants and needs.

4. And finally, consumers must be
sovereigns - their tastes and preferences must reflect their basic values
- their tastes and preferences, untainted by persuasive influences.

(source http://www.pl.net/6business/marrul.htm)

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