3 ms·
> Its the market at work Sounds like an example of Market Failure
by peteretep 9y ago
> Its the market at work
Sounds like an example of Market Failure
- jgalt212 9y agoAgreed. It's institutionalized crony capitalism.
- throwawaymanbot 9y agoBut theres nothing that can be stopped about Crony Capitalism unless govt bans lobbying. You can have capitalism, or you can have lobbying, but you cant have them both.
- thecrazyone 9y agoHow's it a market failure (markets not working properly) when bad regulation/ regulator regime is to blame. One should properly term it as 'Government Failure', don't you think so?