THE INTERNET IS A PERFECT EXAMPLE OF HOW A FREE MARKET WOULD AND DOES WORK

Some people, apparently, still have a fear of being free (they fear not having violent owners). It’s a fear I’ve never understood… but whenever you mention to them how much better a free market would be than the statist crapitalism we have today they like to say, “Show me one example of a truly free market that works!”
OK… the internet!
While governments do try to stifle it whenever they can they still, really, have no control over the internet in any meaningful way. It is almost completely anarchic.
When was the last time you saw someone come into a restaurant looking stressed and irritated saying, “Goddamit, I HATE the internet!”
Perhaps one or two… Bill Cosby probably isn’t a fan.
But almost everybody else loves the internet. That’s because, since it is a free market, the amount of innovations are incredible.
Even simple things like Skype are a great example. I may be dating myself here but when I was younger a phone call from Kanada to the USSA was a few dollars per minute! Now, however, worldwide videocalling is totally free! That’s the market at work.

This post was published at Dollar Vigilante on November 21st, 2014.