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11 comments

[–] smallpond [OP] 0 points (+1|-1)

Regulations can work to enable market access for smaller players, not just to strengthen the positions of bigger companies. Letting markets 'actually be free' can naturally lead to monopolies without anyone around to stop the bigger companies crushing competitors. A competitive, efficient market needs (good) regulations. I do agree that Congress isn't the place to go for good regulations, but unfortunately there's nothing else available. It's a broken system.

[–] Butler_crosley 0 points (+0|-0)

Sorry but depending on a dysfunctional government to regulate the very companies that fund the politicians' re-elections seems to fit the old adage about the definition of insanity. I'd rather strip away the majority of regulations and cut off the tax breaks to the big companies. Make the playing field actually level.

Free markets can exist and thrive but it requires the consumers to hold companies accountable for their actions. Reliance on the government to act is just perpetuating the cycle of crony capitalism we are currently stuck in.