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Everybody "conspires to advance their own interests"... that's pretty much the definition of self-interest.

Anyway, the point is just that one doesn't expect companies to be your friend. You expect them to pursue their own interest, and thankfully their interest and your interest overlap quite often - and mutual, voluntary exchange of goods, service, and currency occurs.

Are there things I wish Amazon, for example, did differently? Of course. And the wonderful thing about the free market is that if enough of their customers become unhappy about some issue or other, another company can come along and serve those customers. Of course that might not happen, and that's fine. Nobody is claiming that a free market guarantees that everybody gets exactly what they want.



> Everybody "conspires to advance their own interests"... that's pretty much the definition of self-interest.

There are very different forms of self-interest, the one implied here is of the very shallow, short term kind.


You think your interests overlap. They have been carefully presented this way to extract maximum value from you over the long term.


If a transaction weren't in my interest, I wouldn't engage in it. And value isn't being extracted when parties engage in voluntary trade, it's being created.

Note that this is not to say that I (or anybody else) engages in strict, robot-like, mathematical optimization of all transactions to ensure that our best interest is served down to the .00000000000001th place. We, as human beings, employ satisficing[1] for a lot of our decision making. But the fact that I buy from Amazon when I could save 50 cents by buying from Walmart instead, or that I tolerate Amazon showing me a few ads when I'm shopping, is neither here nor there.

[1]: https://en.wikipedia.org/wiki/Satisficing


If a transaction weren't in my interest, I wouldn't engage in it.

This is a fallacy. People often engage in transactions that aren't in their interest- believing in the moment that they are. Or said another way, there's a difference between long-term interest and short term interest, and people often don't see their long-term interest clearly. Or said still a different way, there's a big difference between happiness and pleasure, and people sometimes engage in pleasure in detriment to their happiness (roughly from the Dalai Lama).

I'm not talking about the 10^(-14). I'm talking about real decisions where there is an information asymmetry. And meth.




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