How Is Ayn Rand Still A Thing?

[Flopper]

And that is exactly why free market capitalism can't work. Initially competition would flourish. Without government regulation, the larger would devour the smaller. Large corporations would pressure the government for regulations favorable to their interest. The public and small businesses would pressure the government for regulation favorable to their interest. The result would regulated capitalism.

And that is exactly why free market capitalism can't work. This ought to be good... Initially competition would flourish. Show me one market example outside of a government imposed monopoly where competition doesn't exist. Without government regulation, the larger would devour the smaller. Only if customers making voluntary choices choose to give their money to that larger entity. Large corporations would pressure the government for regulations favorable to their interest. A big government problem...thanks for making our point! ONLY politicians meddling outside the enumerated powers of the Constitution could possibly pass regulations favorable to any particular interest. Again, the problem is government. The public and small businesses would pressure the government for regulation favorable to their interest. You like all this cronyism? If not, stop supporting meddlers. The result would regulated capitalism Again, a problem caused by government, not capitalism and CERTAINLY not free markets.

Try again?

Competition

Your argument is based on the way you think government and consumers should act, not the way they do. You think customers are going to start giving their money to small businesses in lieu of the corporate giants and politicians are going to stop pandering to big business and special interest groups. We have regulated capitalism because people demand it. Businesses do not regulate themselves at the sacrifice of profits.

Your argument is based on the way you think government and consumers should act, not the way they do. So, you CAN'T show me one market example outside of a government imposed monopoly where competition doesn't exist. Not looking good for you! You think customers are going to start giving their money to small businesses in lieu of the corporate giants Again, show me one corporate giant that doesn't have competition. Further, show me one corporate giant that doesn't win the money of its customers on a voluntary basis. and politicians are going to stop pandering to big business and special interest groups Only politicians meddling outside of their enumerated powers...you know, the guys YOU support. We have regulated capitalism because people demand it. No, collectivist demand it. They're not really people, but sheeple. Businesses do not regulate themselves at the sacrifice of profits Never said they did. Markets, make up of free people making voluntary decisions regulate markets. If the business does not serve the people, people shop elsewhere...except where their choice is limited by government.

God you're a full on gov-bot, aren't you?

All corporate giants have completion because we have regulations that discourages monopolistic behavior and unethical business practices.

AT&T which now has about 34% market share in the cellular market would have 50% had not the FTC blocked mergers with T-Mobile and US Cellar. Without regulations, Sprint would disappear in a heartbeat followed by Verizon, making AT&T America's Cell phone company. And how long would it be before Walmart gobbled up Target and Costco, and Intel shut the doors at AMD, their competition in microprocessor market?

The assumption free-marketeers make is that there will always be completion to topple any monopolies that form therefore there is no need for regulation. This reasoning is seriously flawed because in a completely free market, there are no regulations on business, no state or federal laws that prevent stock manipulation, price fixing, agreements to restrict output, boycotts, agreements to restrict advertising, unfair contract terms, forcing competitors out of business by buying out competitor's suppliers, false and misleading advertising, destruction of the environment, and a host of other unethical but perfectly legal practices in a free market economy free of all regulations.

The other assumption that free-marketeers make is that buyers are good consumers, that they are knowledgeable of products and pricing and will search out the best product for the price, and they will reject companies with unethical practices and those whose actions damage society. One would have to live in La La land to believe this crap. American consumers are impulse buyers, relying on advertising, the ethics of the seller, and laws for protection.