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Obviously you're not seeing how this whole thing works. Anyway, this waltz has been gone over before.
Good article and it's spot on accurate.
The inevitable end result of pure unregulated capitalism is almost the same as pure communism. You end up with one supplier...one media source.....etc..etc... .
I don't understand your disconnect between GOVERNMENT regulating and subsidizing in favor of those who pay to play. If a politician is taking tons of money to give concessions to an industry that the politician can NOT grant them, why would they give them the money?
For what purpose? That's the whole point. Govt. has no role in dictating the market except for exactly what we see now; corporatism. They may better define laws in order to protect our rights and our private property. Once they start pickign who gets what based on the money they provide, the game is rigged.
Finally, something that makes sense. The game IS rigged, hence my call for public financing. They don't give money to just one politician, but to many on both sides of the aisle. That's why so many say there's no difference between the parties, they've both been co-opted by the way we finance elections.
I don't understand your disconnect between GOVERNMENT regulating and subsidizing in favor of those who pay to play. If a politician is taking tons of money to give concessions to an industry that the politician can NOT grant them, why would they give them the money?
For what purpose? That's the whole point. Govt. has no role in dictating the market except for exactly what we see now; corporatism. They may better define laws in order to protect our rights and our private property. Once they start pickign who gets what based on the money they provide, the game is rigged.
Finally, something that makes sense. The game IS rigged, hence my call for public financing. They don't give money to just one politician, but to many on both sides of the aisle. That's why so many say there's no difference between the parties, they've both been co-opted by the way we finance elections.
Yeah, and? So, we make a new public campaign finance law. One that no politician will ever touch and then they take bribes in the backdoor and nothing changes. Yay.
That is why you take away the politicians ability to intervene in the market altogether and leave them with their original task. The only reason this doesn't seem to make sense to you is because I don't think you really understand how this works and why your suggestion wont change anything.
We can start by repealing the nightmare of nonsense jammed under interstate commerce.
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There is no such thing as "unfettered" markets.
There is no such thing as "free" markets.
The question is how to effectively and efficiently regulate markets without retarding growth at an unacceptable level. To date, our federal bureaucracy has done a relatively poor job of regulating markets regardless of the amount of paperwork they manage to generate.
"More" is not necessarily "better". "De-regulation" can go too far. Both ends of this argument need to think a little.
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There is no such thing as "unfettered" markets.
There is no such thing as "free" markets.
The question is how to effectively and efficiently regulate markets without retarding growth at an unacceptable level. To date, our federal bureaucracy has done a relatively poor job of regulating markets regardless of the amount of paperwork they manage to generate.
"More" is not necessarily "better". "De-regulation" can go too far. Both ends of this argument need to think a little.
Sir, NO GOVERNMENT HAS EVER "EFFECTIVELY" REGULATED THE ECONOMY---NONE, Central planning does not work, check the recent history of the USSR, check the 1935 massive depression caused by the recently enacted US Federal Reserve Board.
Capitalism, the Unknown Ideal.
go check the history of recessions in THIS country
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There is no such thing as "unfettered" markets.
There is no such thing as "free" markets.
The question is how to effectively and efficiently regulate markets without retarding growth at an unacceptable level. To date, our federal bureaucracy has done a relatively poor job of regulating markets regardless of the amount of paperwork they manage to generate.
"More" is not necessarily "better". "De-regulation" can go too far. Both ends of this argument need to think a little.
Sir, NO GOVERNMENT HAS EVER "EFFECTIVELY" REGULATED THE ECONOMY---NONE, Central planning does not work, check the recent history of the USSR, check the 1935 massive depression caused by the recently enacted US Federal Reserve Board.
Capitalism, the Unknown Ideal.
"Regulation" and "Central planning" aren't the same thing. FAIL!!!
List of recessions in the United States - Wikipedia, the free encyclopedia
now study this very long list and see how often we had recessions in this country.
What happened after Glass Steagal was put in place
Sir, NO GOVERNMENT HAS EVER "EFFECTIVELY" REGULATED THE ECONOMY---NONE, Central planning does not work, check the recent history of the USSR, check the 1935 massive depression caused by the recently enacted US Federal Reserve Board.
Capitalism, the Unknown Ideal.
"Regulation" and "Central planning" aren't the same thing. FAIL!!!
What is the difference between "Regulation" and "Central planning" ?!?!?
No Glass Steagal = great depression
Glass Steagal removed = the great recesion.
Its no a coincidence
No Glass Steagal = great depression
Glass Steagal removed = the great recesion.
Its no a coincidence
Yep, the repeal of Glass Steagall was a BAD idea, and unraveling that mess may not be possible.
Way to go, D.C....
