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Venezuela's failure is up for debate; my point was that they are now thriving of the black market which is essentially a free market because people are providin
by slicktux 10y ago
Venezuela's failure is up for debate; my point was that they are now thriving of the black market which is essentially a free market because people are providing goods (food) for the people for a higher price than that set by the government, but they are supplying what the government cannot; two things, supply and price setting.
Anyhow, I do agree that a free market will essentially turn into a monopoly; but that is not to say the states cannot prevent them; A cry for a free market or its antithesis is usually made with a uniformed ideology on which the Federal Government must intervene, and that is not a free market; hence I am for a free market where the states make the laws necessary to protect its citizens, as well as quality control regulations. Because government regulation is not equivocal with state and federal government regulations, especially when one lives in a democratic republic as I do. I apologize if I come off as a cynic, I may have taken the attack on the free market a little too personal and I felt like I had to distinguish the points I just made.
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