Contumacious
Radical Freedom
Except that in an unregulated free market you can destroy your competitor by lying about their products irrespective of how good they may be. With enough capital you can put them out of business by selling your own product below cost so they go under. You can manufacture faulty products and package them as being made by your competitor. You can even steal your competitors ideas and there is nothing that they can do about it. And best of all none of the harm that you cause to the hapless consumers and your competitors can ever be held against you because this wonderful free market is completely unregulated.
And that doesnt happen today in the US, right?
Actually regulation has nothing to do with that. Those are tort offenses and there is a legal system designed to curb that. But the offended party is the company, not the government.
No one is suggesting dismantling the legal system.
So you are simply wrong.
So each individual consumer will have to pay through the nose in order to sue the unregulated corporations that harmed them?
Who do the people who are being harmed by Obama Hellcare sue?
If there is nuclear accident who do they sue?
Why would anyone have to pay through the nose to sue a corporation?
What purpose does the government serve if there are no regulations?
Read the Constitution , its purpose is stated therein. The power to regulate corporations was USURPED.
Why can't We the People who have formed a government FOR the people set up regulations that prevent these illegal acts and protect consumers?
If a company misbehaves and/or harm consumers sue and boycott them.
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