MouthBQ98 said:
I understand the arguments on both sides but my personal view is that the court system is precisely set up to mediate between two parties where there is a conflict and determine the lawful or acceptable outcome and is a legitimate function of government. The alternative is quite literally open conflict and/or unaddressed harms, both of which are socially destabilizing and generally harmful if allowed to aggregate and escalate. If this is worked through the legal process and that is the outcome, then that's the outcome.
Precisely correct.
The free market purists like aTmAg make arguments that assume that such a thing as a purely free market is possible. It's not. The purists' view of markets is like high school physics that always start off with "assuming no friction". Well, in real life, there's always friction. And in real life markets, there's always distortions and government interference.
The purists' view that the markets will always correct and that monopolies and cartels are not possible long-term is belied by the de Beers diamond cartel. It has successfully monopolized the market for diamonds for decades. Diamonds are not at all scarce. Their scarcity on the market is due solely to de Beers' success in restricting sales by diamond miners.
In sports, you have to have some type of oversight agency and referees, or the sport becomes chaotic and even violent. However, the agencies can become too burdensome and overbearing. The trick is to find the right balance which is normally the least possible oversight and refereeing.
aTmAg would have no government oversight of th markets and leave consumer protection up to the consumers. That is a naive and impossibly utopian view of markets.
And the irony is that here, in the case of JD, JD is caving to consumer demands, yet aTmAg still doesn't like it.