4 ms·
> Government is bad and should be restricted from interference and private enterprise should not be regulated and market forces will auto-converge to some nice
by hnnicker 10y ago
> Government is bad and should be restricted from interference and private enterprise should not be regulated and market forces will auto-converge to some nice maximum.
That is not how I understand libertarianism. It is not that government is bad. But that government's role is to be the rule maker and referee. The government should not be playing the game.
Rather than "regulate" a large company, the government should make sure the rules don't hinder competitors. Ultimately, it is more competitors each trying something different that drives price down and quality up.