4 ms·
I've never seen anything to suggest that a "free-market" is a stable environment. Historically it seems that the natural end-point for a "free-market" is contro
by jyounker 5y ago
I've never seen anything to suggest that a "free-market" is a stable environment. Historically it seems that the natural end-point for a "free-market" is control by a few large coordinating monopolies and monopsonies, which is anything but a free market in the economic sense.
The only way I've ever read of/seen for maintaining something approximating a free market is significant government regulation and intervention.
Significant regulation of large economic entities is probably a very good thing for the overall economy in the long term.