Kllrnohj wrote:
How free do you want your market? Full hands off by the government is *horrible*. Free market only works if there is a healthy amount of regulation to support it. Republicans reduced the amount of regulation, and the economy collapsed. Removing more regulation isn't going to fix the problem.
What you really want for economic efficiency is a competitive market. The problem is that they removed the wrong regulation.
elfprince13 wrote:
What you really want for economic efficiency is a competitive market. The problem is that they removed the wrong regulation.
More or less. Competition is king, but you need regulation to keep the playing field level.
Somalia doesn't have a free market. It's ruled by competing rebel governments.
Rebels aren't a government, rebels are what you get when you HAVE NO GOVERNMENT.
DShiznit wrote:
Rebels aren't a government, rebels are what you get when you HAVE NO GOVERNMENT.
More precisely, I think you'd say that rebels are those that oppose the government, and when they win, there is no government. I think ipso facto they become the government if and when they win, however. For example, the Confederacy could have been considered a group of rebels, and had they won the Civil War, they would have ousted the Union government (from their own states, anyway) and installed their own government.
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