4 ms·
The only flaw with free market economies is assuming the US actually has one. The regulation of commerce is so extreme in some areas as to border on near fascis
by Shivetya 10y ago
The only flaw with free market economies is assuming the US actually has one. The regulation of commerce is so extreme in some areas as to border on near fascism (don't equate the term with NAZI) : where government dictates prices for goods and services without risking anything of its own. Politicians setting rates and guarantees that are not driven by market need.
grade inflation exists because of this unwillingness to offend people and telling people they are not the best if offensive. hence why colleges like affirmative action is that they will get candidates not used to being at the top of their class and be more willing to accept lower grades (go look it up, it does exist and been studied)
the US health care system, well it only got into the condition it was in because of over regulation. preventing insurance from crossing state lines pretty much doomed it