Re:Too Many Companies Drain Value from the Economy
by BurningFrog on Wednesday July 03, 2019 @10:25PM
(#20350984)
> To simply exist, free markets require a ton of government-backed regulations, the most obvious one being the right to private property.
Actually, that's pretty much the only one.
Re:Too Many Companies Drain Value from the Economy
by asark on Thursday July 04, 2019 @03:02AM
(#20352254)
Realistically, if you stop there you're gonna have information asymmetry problems so damaging that if you don't fix them the torches and pitchforks will come out.
Re:Too Many Companies Drain Value from the Economy
by tathougies on Wednesday July 03, 2019 @07:17PM
(#20349960)
> Radical advocates of free markets (and anarchists) always seem to forget the violent nature of humans.
Radical advocates of free markets are often libertarian, and they rarely forget the violent nature of humans, which is why libertarians explicitly call for the existence of a government, limited in scope to defending a few enumerated rights, such as private property.
Re:Too Many Companies Drain Value from the Economy
by antidesitter on Wednesday July 03, 2019 @07:06PM
(#20349855)
> free markets require a ton of government-backed regulations
What’s this “ton of government-backed regulations” you’re referring to?
> Radical advocates of free markets... always seem to forget the violent nature of humans.
What kind of “radical” are you talking about here? Anarchists?
To simply exist, free markets require a ton of government-backed regulations, the most obvious one being the right to private property.
There's this dichotomy between the Good free markets and the Bad big government. They're actually two sides of the same coin : they need each other to exist.
Radical advocates of free markets (and anarchists) always seem to forget the violent nature of humans.