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The alternative is a regulated market, where I trust a government entity, full of humans who are vulnerable to the same forces of corruption, incompetence and g
by jgg 13y ago
The alternative is a regulated market, where I trust a government entity, full of humans who are vulnerable to the same forces of corruption, incompetence and greed, to give me accurate information and not be bought and paid for by private entities and thus used by private entities to give them even more influence and power.
Also, in what context are we dealing with a free market here and how is it relevant?
- dinkumthinkum 13y agoAnd yet even with flaws, there is evidence to suggest regulations by those funny "humans" have made products significantly safer.
- jgg 13y agoI agree, barring the unnecessary adjectives. My point was that all 'systems' are corrupted by humans, not just a free market. I was criticizing an absolutist, irrelevant statement about the nature of the "free market" on the story, and mostly, asking the person how it was relevant at all, since nothing we have today remotely resembles a free market.