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I take it back; You are right that it is not pure capitalism - in pure capitalism, there would not be FDA regulation which definitely plays a huge part here. Bu
by beagle3 11y ago
I take it back; You are right that it is not pure capitalism - in pure capitalism, there would not be FDA regulation which definitely plays a huge part here. But I think the end result is indistinguishable.
I'll grant you that it is not YET the result of pure capitalism, assuming that there is, indeed, foreign production. But what stops the buyer from consolidating foreign producers as well? It's good for every producer involved - together, they can raise the prices even more.
Totally free markets are unstable.
- mumumuyou2 11y agoOnly one thing is for sure. No matter where, no matter when, no matter why: Capitalism is to blame.
- nickff 11y ago>"Capitalism stands its trial before judges who have the sentence of death in their pockets. They are going to pass it, whatever the defense they may hear; the only success victorious defense can possibly produce is a change in the indictment." -Joseph Schumpeter