To get closer to the free market there would have to be a duty to disclose any- and everything that’s now a trade secret, no matter how easily kept. To not just get closer but actually get there we all would need to be telepathic. As said, perfect information is a bitch of a concept.
I’m not arguing for any policies, just explaining what would be necessary to make the theoretical model of the free market a reality in actual reality: It assumes perfect information and perfectly rational actors, it’s a tall order.
To get closer to the free market there would have to be a duty to disclose any- and everything that’s now a trade secret, no matter how easily kept. To not just get closer but actually get there we all would need to be telepathic. As said, perfect information is a bitch of a concept.
Being free to innovate and keep your own ideas to yourself sounds like it should be part of the free market though.
Forcing people to disclose their (mental) secrets seems bizarre.
I’m not arguing for any policies, just explaining what would be necessary to make the theoretical model of the free market a reality in actual reality: It assumes perfect information and perfectly rational actors, it’s a tall order.