RE: OUR unemployment rate
March 12, 2010 at 4:24 pm
(This post was last modified: March 12, 2010 at 4:30 pm by Violet.)
(March 12, 2010 at 3:28 pm)Tiberius Wrote: Governments have no reason to buy shares in large companies. It wouldn't the "free market" if government had control over business in such a way. Markets do not require regulation...it was regulation that got business in trouble in the first place. If governments didn't get involved so much, we'd have more small-scale businesses and better competition, rather than favoritism.
To use your food-web analogy, some species would disappear, but that only leaves room for other species to take their place.
Actually... what you would get is monopolies.
Further... many businesses impact each other. Our fishing industry would be dead if our mining industry had no regulations. Our fishing industry itself would be dead if it had no regulations. If you have too many regulations, then you have restricted the business to only those capable of affording/meeting those regulations... and if you have too few regulations, then the business is controlled by monopolies, collusion, and practices that damage the industry over the long term and/or damage other industries to maximize profits.
Please give me a home where cloud buffalo roam
Where the dear and the strangers can play
Where sometimes is heard a discouraging word
But the skies are not stormy all day
