RE: The Invisible Hand of the Market....Again
February 18, 2014 at 5:31 am
(This post was last modified: February 18, 2014 at 5:32 am by Ryantology.)
(February 18, 2014 at 5:12 am)Tiberius Wrote: A free market wouldn't prevent that. The current market does. If the government were required by law not to interfere with the market, and vice versa, then they have more reason to pursue lawsuits and criminal charges against companies that break laws.
Help me understand this: any attempt by the government to punish a business that misbehaves is just much, if not actually more, of an example of government interfering with business, according to this logic. You can bet your ass that the legal defense would raise this point, and would they be wrong?
A government without the power to regulate business activity has no grounds on which to punish them for breaking laws. What is a law but a regulatory instrument?