It’s oxymoronic everywhere based on the definition of the terms, and not just in “limited parts of the US”. It’s Orwellian doublspeak. No amount of mental gymnastics changes that.
> Regulation is a firm requirement to a free market, without regulation of any kind
I agree, but there are lines that when crossed either negates or greatly lessens the overall benefit for most people outside of vested interests.
> you will pretty quickly descend into authoritarianism
Moreover, historically speaking - centralized economic planning tends into devolve into tyranny vs systems with primarily free markets.
This is also much less about protecting consumers than it is about protecting old French incumbents who are unable to evolve.
> Regulation is a firm requirement to a free market, without regulation of any kind
I agree, but there are lines that when crossed either negates or greatly lessens the overall benefit for most people outside of vested interests.
> you will pretty quickly descend into authoritarianism
Moreover, historically speaking - centralized economic planning tends into devolve into tyranny vs systems with primarily free markets.
This is also much less about protecting consumers than it is about protecting old French incumbents who are unable to evolve.