this post was submitted on 20 Jul 2023
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Asklemmy
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I guess most pro-capitalism people don't mind corporate-controlled social media, and so have stayed on reddit. I don't know why there aren't more anti-monopolistic pro-capitalism libertarians here, though...
anti-monopolistic, pro-capitalism and libertarian don't go together.
Any libertarian capitalist system will always lead to monopolies that snuff out the competition.
To have a free market, you need regulation and you need to bust monopolies as they emerge.
That's not what libertarians believe though. Whether they're right or not is a separate issue. The point is, they exist, and I'd expect them to also like decentralized social networks (like they like decentralized finance).