They shut down trading of multiple stocks for retail investors and the hedge funds can still trade them. Fucking Merica.
Libertardians be like "hey man its muuh private company, they can completely fuck you over if they want. Just start your own collection of trading platforms"
However, they and the other brokerages are so married to the State to the detriment of new competitors that it's completely unreasonable
Robinhood IS the new competitor. They navigated federal regulations and became successful because of the Almighty Market.
But to be clear, you now support The State regulating a private business? Seems kinda statist to me.
Using your logic, that one cannot hold anyone accountable to libertarian ideals because of the unfair conditions of the market, then what's the point of libertarianism? This is the pacifism of the ideology I don't like. Libertarians just want to be the person saying "I told you so" as the world burns. I want to prevent the world from burning. Fundamental difference.
And when it comes to a private company doing something wrong, I don't need to play logic games about the unfair conditions to justify my beliefs. There are universal truths. There is wrong and right. I wouldn't support this under fair or unfair market conditions.
How about the baker? The market is unfair, so by your logic the State can force the baker to bake a gay cake, right?
I do enjoy the philosophical discussion. Not enough of it.
Lol I was a libertarian for almost 2 decades. You absolutely support Robinhood, a private company, halting trading whenever they want. That's libertarianism. "Well as long as they had some asterisk deep in their 25 page Agreement and you signed it....I mean, just make your own trading platform."
In fairness to the libertarians (yuck, just threw up in my mouth a little.... j/k lol).
Seriously, in fairness to them, in their world, none of these hedge funds or corporations would have become big enough to control the markets and amass trillions, and therefore, none of them would have become too massive to challenge. In that world, you really could solve the problem by making your own trading platform and increasing competition. The problem with that is that human nature doesn't really work that way. Competition is not an arbiter of equality, it's a method to determine winners and losers. Yes, corruption allowed the government and the already powerful to pick the winners who are now and have always been exploiting their influence, but in absence of that "help", a select few are still going to rise and exploit their influence. The only difference is who is doing it and through what means they rise to power. It's still probably going to be some rich guys because they'll have a head start.
Perhaps we need some sort of economic bill of rights that protects the minority in terms of economic influence.
Libertarians have generally the right idea, where they fail miserably is that they want to get there from where we are instead of realizing at best you can slowly move in that direction.
Sure, in a world where costumers understood their own power and personal responsibility was a thing it would make sense to have way less regulation. But to pretend we are at that point and that whatever shit this companies pull can be justified because they are private companies is absurdly naive. They can't be allowed to abuse the system, rig everything and then play the free market card so they can get away with anything.
Seriously, in fairness to them, in their world, none of these hedge funds or corporations would have become big enough to control the markets and amass trillions
I'd argue that premise, hard.
I sympathize with the philosophy. I really was a hard-core libertarian for almost 2 decades. But it's honestly just cringe and dumb. Never thought I'd be saying it but I am. It's just an immature, pacifist philosophy and, of course, look at WHO created it and it starts to make sense.
No you weren't. You're only here to cause a divide. I'm a libertarian and a proud supporter of Donald J. Trump. You are just a piece of shit shill and no one should take you seriously. The only idea you have that's genuine is trash talking a large group that supports this community, even when and where we differ, and the Trump family.
That you are doing this by making up bullshit I don't believe then applying it to me tells me all I need to know. You walk and talk like a two faced democrat.
REEEEE
So saying libertarians support private companies doing what they want is apparently wrong.
Get the fuck over it. Suddenly libertarians want The State to step in to stop private company Robinhood from doing something? Very principled ideology you got there.
Put on your big boy pants and take some shit talk.
And no, vast majority of libertarians do NOT support Trump. I know because I was a hardcore libertarian up to 2017. Their weakness redpilled me.
I can talk circles around you about libertarianism. Hayek, Rothbard, Tom Woods, Stapleton, Rand, Paul, Friedman, Mises, Hoppe were my favorites. I was just like you, crying like a bitch when someone insulted libertarianism. Then I finally matured and realized it's a cringe ideology. The reason I am so adamant about shitting on it is because modern conservatism has turned into the cancerous classical liberalism. And it's why the left is winning
But yeah dude. I'm just a shill. The elites are terrified of the pussy libertarian philosophy of "roll over and let your enemies win" so we try to divide and conquer. Couldn't be that someone just thinks your political philosophy is dumb.
They shut down trading of multiple stocks for retail investors and the hedge funds can still trade them. Fucking Merica.
Libertardians be like "hey man its muuh private company, they can completely fuck you over if they want. Just start your own collection of trading platforms"
You literally have to support Robinhood shutting down trading. The fairness or unfairness of the overall stock market has no bearing on this.
Robinhood IS the new competitor. They navigated federal regulations and became successful because of the Almighty Market.
But to be clear, you now support The State regulating a private business? Seems kinda statist to me. Using your logic, that one cannot hold anyone accountable to libertarian ideals because of the unfair conditions of the market, then what's the point of libertarianism? This is the pacifism of the ideology I don't like. Libertarians just want to be the person saying "I told you so" as the world burns. I want to prevent the world from burning. Fundamental difference.
And when it comes to a private company doing something wrong, I don't need to play logic games about the unfair conditions to justify my beliefs. There are universal truths. There is wrong and right. I wouldn't support this under fair or unfair market conditions.
How about the baker? The market is unfair, so by your logic the State can force the baker to bake a gay cake, right?
I do enjoy the philosophical discussion. Not enough of it.
How does robin hood shut down trading?
They and other trading platforms have made it so you can't buy Gamestop and some other stocks.
Libertarians are not like that, fuck you.
Libertarians want economic freedom for everyone.
Lol I was a libertarian for almost 2 decades. You absolutely support Robinhood, a private company, halting trading whenever they want. That's libertarianism. "Well as long as they had some asterisk deep in their 25 page Agreement and you signed it....I mean, just make your own trading platform."
You worship the market.
In fairness to the libertarians (yuck, just threw up in my mouth a little.... j/k lol).
Seriously, in fairness to them, in their world, none of these hedge funds or corporations would have become big enough to control the markets and amass trillions, and therefore, none of them would have become too massive to challenge. In that world, you really could solve the problem by making your own trading platform and increasing competition. The problem with that is that human nature doesn't really work that way. Competition is not an arbiter of equality, it's a method to determine winners and losers. Yes, corruption allowed the government and the already powerful to pick the winners who are now and have always been exploiting their influence, but in absence of that "help", a select few are still going to rise and exploit their influence. The only difference is who is doing it and through what means they rise to power. It's still probably going to be some rich guys because they'll have a head start.
Perhaps we need some sort of economic bill of rights that protects the minority in terms of economic influence.
Libertarians have generally the right idea, where they fail miserably is that they want to get there from where we are instead of realizing at best you can slowly move in that direction.
Sure, in a world where costumers understood their own power and personal responsibility was a thing it would make sense to have way less regulation. But to pretend we are at that point and that whatever shit this companies pull can be justified because they are private companies is absurdly naive. They can't be allowed to abuse the system, rig everything and then play the free market card so they can get away with anything.
I'd argue that premise, hard.
I sympathize with the philosophy. I really was a hard-core libertarian for almost 2 decades. But it's honestly just cringe and dumb. Never thought I'd be saying it but I am. It's just an immature, pacifist philosophy and, of course, look at WHO created it and it starts to make sense.
Thanks for telling me what I support, and alienating our natural allies.
You haven't refuted it. I tell you what you support because you apparently don't understand it.
And they're not our natural allies. Classical liberalism is a pacifist, cucked cancer.
That's a broad brush you're painting with there
Yeah the broad brush of adequately describing a political philosophy.
No you weren't. You're only here to cause a divide. I'm a libertarian and a proud supporter of Donald J. Trump. You are just a piece of shit shill and no one should take you seriously. The only idea you have that's genuine is trash talking a large group that supports this community, even when and where we differ, and the Trump family.
That you are doing this by making up bullshit I don't believe then applying it to me tells me all I need to know. You walk and talk like a two faced democrat.
REEEEE So saying libertarians support private companies doing what they want is apparently wrong. Get the fuck over it. Suddenly libertarians want The State to step in to stop private company Robinhood from doing something? Very principled ideology you got there. Put on your big boy pants and take some shit talk. And no, vast majority of libertarians do NOT support Trump. I know because I was a hardcore libertarian up to 2017. Their weakness redpilled me. I can talk circles around you about libertarianism. Hayek, Rothbard, Tom Woods, Stapleton, Rand, Paul, Friedman, Mises, Hoppe were my favorites. I was just like you, crying like a bitch when someone insulted libertarianism. Then I finally matured and realized it's a cringe ideology. The reason I am so adamant about shitting on it is because modern conservatism has turned into the cancerous classical liberalism. And it's why the left is winning
But yeah dude. I'm just a shill. The elites are terrified of the pussy libertarian philosophy of "roll over and let your enemies win" so we try to divide and conquer. Couldn't be that someone just thinks your political philosophy is dumb.
open borders and globalism are also part of the muh free market that the libertarians defend
Look into the Early Life of libertarianism and it starts to make sense
Exactly what a low IQ Libtard would say.
Lmao
Absolute insanity!
Depends. If you have fuck you money then hold on.