this post was submitted on 03 Jul 2026
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I feel like capitalism and free market are a lot more intertwined in people's minds than they should be.
Capitalism is some people owning property that generates resources, and those people pick where those resources go (usually aiming for whatever makes more money).
The free market is allowing goods and services to be sold to the highest bidder, with varying degrees of oversight.
A free market can optimize resource distribution, with several caveats (hence the oversight). It can be argued when and where it's ideal, but I think what's being complained about here is proper Capitalism - that the ownership class is in charge of distribution. The free market is just their excuse, as there are cases (such as renewable energy) where the most profit-optimal choice is ignored in favor of whatever is more palatable to the ownership class.