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Politics : Evolution -- Ignore unavailable to you. Want to Upgrade?


To: average joe who wrote (20984)2/8/2012 2:11:26 PM
From: Cautious_Optimist  Respond to of 69300
 
I disagree. It's not one or the other. We have a mixed economy, and that is the most productive of all.

Sometimes you need regulation like a sport needs rules and referees (I always hate them when MY team gets penalized ggggg) -- it creates the biggest pie -- more value and profit too. The amoral drift of lazzezfaire combined with concentrations in industries usually results not only in a sub-optimized gross production but it promotes externalizing costs (health and national defense for example) to what is ultimately the general population and taxpayers, creating even bigger government. Corporatocrisy is often a racket, not "free markets" complete with the invisible hand of competition. Lawyers and lobbyists are cheaper than honest labeling or competing by rules, like pure sports.

Fortunately many businesses play by the rules, especially where there is true competition.

Obviously I say "mixed-economy"; too much red tape and regulation can kill innovation and reduce the pie and harm people.

Moderation and wisdom, and try it, fix it. We can do this. JMHO.