2 ms·
I'm not arguing that US is universally free-market today, rather that it was less free-market 50 years ago.
by throwaway_yy2Di 13y ago
I'm not arguing that US is universally free-market today, rather that it was less free-market 50 years ago.
- jtoeman 13y agoi don't really agree. other than some deregulation (power, cable, etc), for the most part i'd say the government today is more intertwined with lobbyists/big corporations' interests at heart than they used to be...
- hearty778 13y agoCar franchise laws and taxi medallions didn't exist in the 70s?
- rtpg 13y agoI'm really tired of people trying to set an equivalence between free markets and lack of regulation. I don't know if that's exactly what you're trying to do but: A free market is a very specific definition, there are things like atomicity of actors and whatnot. Loads of regulations can help meet that, for example: -Governments handing out tax credits to new companies helps free markets -Governments setting in anti-trust laws helps free markets -Governments setting disclosure regulations helps free markets Some regulations harm free markets (namely things like entry controls), but others protect it. We need to learn to make the distinction