occupied
Diamond Member
- Nov 8, 2011
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Your ideal system is an oxymoron. The purpose of regulation is prevent competition, not gaurantee it. REgulation also increases prices and reduces economic growth. Democracy is an arrnagement designed to facility plunder and looting, not good wages.
Why would anyone put their faith in an unregulated industry? Is faith in an investment even possible in a such a wild west scenario?
Investors don't rely on faith. They rely on a proven track record. What regulations existed during the late 1800s when Standard Oil became the largest company on the planet?
Your belief that economic activity can't proceed without government's constant interference isn't justified by the historical record. In short, your understanding of economics is pure fantasy and delusion.
Now there's the pot calling the kettle delusional.