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Free market capitalism is not in opposition to regulations. America is a free market. We don’t live in socialism.
by seibelj 7y ago
Free market capitalism is not in opposition to regulations. America is a free market. We don’t live in socialism.
- frankharv 7y agoRegulation for safety concerns is not price control.
- krapp 7y agoFirst, reasonable people do disagree about what free markets are, and many people do believe that free markets are by definition not regulated by anything but market forces. Second, regulated markets are not an indicator of socialism, per se. It's entirely possible for regulated capitalism to exist, it's just debatable whether such markets can be called free. Third, there is still no accepted definition of free market capitalism which makes your former comment true. Regulation is still the primary factor responsible for water and food quality.