If government deregulates the market, do you believe that businesses will be able do whatever they want because there will be no one to stop them from polluting the air or to stop eating up small rival companies like what the American Tobacco Company did?
Anonymous
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What will happen? Exactly what just happened to us. Another collapse. that was on the economics side.
Now, yes, people will start dumping chemicals in rivers to make a quick buck. Greed is at times good, it drives you to better yourself, but it most of the time very bad for the community ... ie. Exxon making last year the best profit of all times $40 billion while firing people and bringing nothing new to Americans nor the planet.
Anonymous
the biggest barrier to competition is not industry, but industry convincing government entities to erect barriers to competition such as zoning laws, environmental laws, and other laws that make starting a new company cost-prohibitive.
A large company cannot buy up a smaller company if the smaller company refuses to sell.
A large company cannot legally keep a smaller company from operating or existing. Only with the goverment can that larger company hinder the smaller one.
Example: I own every gas station in my town. An entrepreneur sees a niche for a new gas station. I can only stop him if I get the city council and mayor to pass laws making it very expensive to install new gas tanks or get business zoning for gas stations. Even if I cut my throat by lowering the price of gas to where I can't make a profit, he can still offer services, service, or other things that make his business attractive. That's how mom and pops survie against wal-mart -specializtion and customer service.
as far as pollution. If you are harmed by a company's pollution, you can take them to court, and a company does not have a vested interest in being sued all the time.
sedlacek
we've a capitalist mindset. The regulation isn't useful and lots has been rolled decrease back. What are human beings doing proper now? people who've funds are procuring up cheap real assets, on a matching time as banks throw families out of their homes. Banks ought to even throw a kinfolk out, rejecting a private very own loan replace; then sell the valuables for a lesser cost than the replaced very own very own loan; they are punishing human beings, they prefer their credit ruined so as that they are able to cost them greater desirable expenditures mutually as they arrive decrease back for the rest. So families get thrown out, the rich swoop in and purchase them at the cheap, to instruct them for earnings. Thats organic and organic earnings that would not some thing to make jobs or stimulate real economic develop. So finally expenditures will upward thrust decrease back yet yet another bubble will form and the finished element will crash decrease back. this is the loose marketplace, this is capitalism, regulation does no longer reason hypothesis and bubbles and crashes. those are loose marketplace subjects, and human beings view people who lose each situation as collateral harm.
Anonymous
The government shouldn't be regulating businesses.
Yes, so larger companies might take down smaller companies. So what? It's called competition, and that's a good thing. Trying to protect smaller companies from being taken over is basically communism.
B.Kevorkian
De-regulating a market is not the same thing as anarchy, you can have a free market, but still have rule of law - as a matter of fact, a free market works better under rule of law, since contracts are enforceable.
For instance, you could have a free market in agricultural produce, but still make growing hemp illegal. Environmental regulations are often market-distoring, but they don't have to be.