Percentage of regulated capitalist society we have?

Discussion in 'Economy' started by Toronado3800, Feb 27, 2011.

  1. Toronado3800
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    Toronado3800 VIP Member

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    In the U.S. we have a fairly regulated capitalist economy.

    The FDA keeps the grocery store from getting too lazy and poisoning us.

    The SEC regulates our trading industry.

    The FCC keeps our radio stations from overpowering one another and so on.

    Prices for the most part of pretty much up to individual mattress and other stores to set.....that's half the issue.

    So think it would be easy enough to claim 60% to 70% of our economy is regulated?
     
  2. skeptic
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    skeptic BANNED

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    all of our economy is regulated. The broad interpretations of the interstate commerce clause prove that much.

    But there is regulation in name only and regulation in deed. The SEC doesn't actually exercise it's powers and it's authority, as one example.
     

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