Reminder, this is the "Clean Debate Zone".
True. Fascism permits private ownership, but not necessarily private management.
False. This is one of the long-lasting after-effects of Reagan's "government is the problem" speech line. Many on the Right have been fooled into believing that regulation is a cancer on capitalism, when in fact, careful regulation is a
critical component of capitalism.
As with most things, it's a matter of equilibrium - making regulation as efficient and effective as possible to protect markets & participants, while not placing so many draconian and redundant controls on business that the dynamics of capitalism are snuffed out.
We saw in 2008 what happens when we under-regulate financial markets. Alan Greenspan refused to regulate derivatives, and later admitted that he screwed up. His whole "markets are self-correcting" fantasy was shoved right down his throat by reality.
This weird, neo-psuedo libertarianism consuming the Right is interesting, but it's not reality.
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