Oldandtired
Rookie
- Banned
- #61
Please define a free economy. And, if what you mean by this term is an economic system unregulated, and tax free, say so. But explain how a free society lives without regulation or revenue.
A free economy allows for pure competiton with safeguards to prevent monopolies while promoting the development of oligopolies.
Yes...oligopolies will do for the economy a lot more than any government regulations.
And it seems that mega monopolies rule anymore. Where were all the dissenters before now, while the SEC approved every merger and takeover imaginable, and then left them alone with no "safeguards" in place as they devoured small businesses?
I do not see it that they devoured small business. They gave small business the opiton to compete or make money and sell. In essence, it was good for the majority of the small businesses....those that sold, made their money...those that didnt would be sitting pretty right now if the government did not decide to bail out the big boys.