I've said before in some chats with friends that the worst enemy of the free market is capitalism itself. One of the core selling points and myths is that it enables greed to develop the utility of things. Really tho if you are a winner in the market you can employ a win more type strategy and this is an example. By removing transparency one is able speculate and extract better. Who better than the wealthy to take advantage of this too. They have the spare cash and the solidarity to boot.
this post was submitted on 18 Mar 2025
81 points (96.6% liked)
News
27386 readers
4182 users here now
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
founded 2 years ago
MODERATORS
Can recommend the book flash boys about the topic of dark pools, high frequency trading, etc. and how the setup, the parameters of this system enables fraud.
https://ia801509.us.archive.org/12/items/B-001-000-192/B-001-000-192.pdf
hmmm, putting on my reading list
Chuck and Nancy approved!
This is an insightful way to put it and I think could be effective in communicating the fundamental problems of capitalism to people.
Funeral parlors, prosperity gospel churches, housing, medical, "education” human body parts... What else?
It's lead-up-to-the-next-Great-Depression … as a service.