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Comment by tropo

Close, but not quite. ULA was and is capitalist.

The term "free market" originally meant "competitive market", not "unregulated market".

An unregulated market does not remain a competitive market for long. Companies merge, then use their power to control other participants in the market. An unregulated market also suffers from fraud.

We still don't have a long-term good situation with a competitive market. An unusual event happened, breaking ULA's monopoly. We're currently depending on Elon Musk's odd personality and/or the fact that he has not yet gained a monopoly.

parent tropo 9 years ago

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