Re:Why America's economy is soaring ahead of its rivals
by Jensson on Wednesday December 04, 2024 @03:37AM
(#42315602)
> It's unrealistic to blame those high prices on the free market.
I didn't blame the free market, we talked about inequality nobody mentioned free market. That inequality is partially fueled by the unfree regulatory capture, things would be more equal if some regulations were removed.
Re:Why America's economy is soaring ahead of its rivals
by WalterBright on Wednesday December 04, 2024 @10:39PM
(#42324699)
Musk's wealth did not come about through regulatory capture. Neither did Amazon's, Microsoft's, Google's, etc.
Consider, on the other hand, the software industry. Essentially zero regulation. Yet the software, very high quality software, tends to be free!!!
Why is it that the most regulated, subsidized, and interfered with industries are the most expensive, while the least regulated, unsubsidized, free market industries are the most productive with the lowest prices?