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I think the lesson to learn here is that free markets require maintenance and defending. A free market is by its very definition the natural state of affairs. I
by num1 16y ago
I think the lesson to learn here is that free markets require maintenance and defending. A free market is by its very definition the natural state of affairs. In not only the modern industrial state, but every state America has known, we have added regulation upon regulation to the system to the point that the only way to be an entrepreneur is to create a completely new industry because it hasn't been regulated yet. When's the last time you heard of a banking or a farming startup? (And if you mention BankSimple, can't you hear them practically begging for mercy from their regulations in the blog posts they publish?)
We need to wake up and free the market. A lack of regulations (as has been proven) is the only way to avoid abuse of power.